New York, NY, July 23, 2008 --(PR.com
)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that Mike Willis, CPA, Partner of PricewaterhouseCoopers will speak at the Knowledge Congress’ upcoming teleconference entitled: “XBRL Mandate Looming; Hear From Experts”. This event is scheduled for September 4, 2008, Thursday, from 1:00 PM - 3:00 PM EDT. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2008_xbrl.html)
SEC is determined to amend the existing EDGAR system and replace it with XBRL. Otherwise known as data tags, this format intends to promote a more systematic, effective and efficient reporting and analysis of business information. It enables the SEC to look into spreadsheets directly in Excel format, making it easier to compare data between companies. A number of key regulators around the world are already using the said format, while others are still contemplating on adopting it.
The Knowledge Congress has produced a two hour teleconference and webinar to discuss the key features, the advantages and disadvantages, and the impact of XBRL in various financial reporting processes. Experts from the government and the private sector are scheduled to speak in this event.
About Mike Willis
Mike Willis has more than 26 years of accounting and auditing experience and is a partner with PricewaterhouseCoopers. Mike served as the Founding Chairman of XBRL International (http://www.xbrl.org), which is currently composed of more than 600 leading software, accounting and finance companies from 27 countries around the world. Mike has served in a number of roles within the XBRL community and currently serves on the International Steering Committee as Vice-Chairman. XBRL is an international information format standard designed to dramatically enhance business reporting supply chain processes benefiting preparers, distributors, aggregators and consumers of this information. He speaks frequently, publishes papers and blogs on the topic of business reporting. Mike has been interviewed for or published articles in a range of business periodicals on the topic of a more efficient business reporting supply chain including the Harvard Business Review, Financial Times, Business Week, Wall Street & Technology, CFO Magazine, and CIO Magazine.
PricewaterhouseCoopers provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 146,000 people in 150 countries across their network share their thinking, experience and solutions to develop fresh perspectives and practical advice.
For more information about Mike Willis and PricewaterhouseCoopers LLP, please visit: http://www.pwc.com.
About The Knowledge Congress
The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.