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P.J. Patel, CFA, Managing Director, Valuation Research Corporation to Speak at KCís Fair Value Measurements for Business Combinations and Impairment Testing Live Webcast

New York, NY, June 11, 2013 --( The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that P.J. Patel, CFA, Managing Director, Valuation Research Corporation will speak at the Knowledge Congress’ webcast entitled: “Fair Value Measurements for Business Combinations and Impairment Testing LIVE Webcast.” This event is scheduled for September 30, 2013 from 12:00pm – 2:00pm (ET).

For further details, please visit:

About P.J. Patel

Mr. Patel is a Managing Director with VRC and specializes in the valuation of businesses, assets and liabilities for financial reporting purposes.

Mr. Patel holds the designations of chartered financial analyst (CFA) and accredited senior appraiser (ASA). In addition, he holds a Bachelor of Science degree from the University of Toronto, and a master of business administration degree from Canisius College.

Mr. Patel is a frequent presenter on valuation issues for financial reporting purposes and has recently presented on valuation issues relating to ASC 805, ASC 350/360, ASC 820 and other financial reporting related valuation issues. In addition, Mr. Patel was on the Fair Value Panel at the 2008 AICPA SEC Conference. He has been quoted numerous times in the press regarding valuation issues. Mr. Patel is an active member of the Appraisal Industry Task Force (AITF). He is a member of the Appraisal Foundations Working Group preparing an industry Practice Aid for valuing customer related assets.

About Valuation Research Corporation

Valuation Research Corporation (VRC) is an independent firm that has been providing valuations to the U.S. and international business communities for more than 38 years. VRC’s services include financial opinions with respect to valuation, solvency, capital adequacy and fairness in connection with mergers, acquisitions, divestitures, leveraged buyouts, recapitalizations, financings, and financial and tax reporting matters.

VRC’s clients range from Fortune 500 companies to privately-held organizations. Its client base is derived from companies in a broad range of industries. In addition, VRC has long-standing relationships with commercial lenders, investment banking firms, private equity firms, law firms and accounting firms nationwide.

VRC has locations in Boston, Chicago, Cincinnati, Milwaukee, New York, Pittsburgh, Princeton, San Francisco, and Tampa; as well as international affiliates in Argentina, Australia, Brazil, Canada, China, France, Germany, Luxembourg, Mexico, Spain, and the United Kingdom.

Event Synopsis:

In an ever more complex economic environment, comptrollers, auditors, CPAs, finance executives and other related practitioners face considerable challenges when applying accounting standards related to fair value, business combinations and impairment testing. To avoid potential pitfalls, practitioners and preparers must need to be in the know with respect to the most significant issues regarding fair value measurements for business combinations and impairment testing. In this two-hour live webcast, panel members will offer a refresher and critical updates of these accounting rules. They will discuss: Fair Value Measurements (ASC 820/SFAS 157), Business Combinations and the Acquisition Method of Accounting, ASC 805 (SFAS 141R) and Impairment Testing Tips, ASC 350 and 360 (SFAS 142 and 144).

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit:
Contact Information
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
Therese Lumbao, Director
Account Management & Member Services

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