Media Advisory 09-10-12

MEDIA ADVISORY 09/10/12

Registration Opens for September 24 Webcast, IN FOCUS: Expanded Coverage of Proposed 2013 Taxonomy including XBRL Data in Use

Norwalk, CT, September 10, 2012—Registration is now open for the upcoming Financial Accounting Standards Board (FASB) webcast, IN FOCUS: Expanded Coverage of Proposed 2013 Taxonomy Including XBRL Data in Use. This live webcast, offered free of charge, will take place on Monday, September 24, 2012, from 1:00 to 2:30 p.m. EDT. Participants in the live broadcast will be eligible for up to 1.5 hours of CPE credit. (Please note that CPE credit is not available for group viewing of the live broadcast.)

The webcast will provide expanded coverage of the proposed XBRL 2013 U.S. GAAP Financial Reporting Taxonomy now available for public review and comment. It will highlight modeling changes and includes a demonstration of XBRL Data in Use. Speakers include Susan Yount, Office of Interactive Data, U.S. Securities and Exchange Commission; Louis Matherne, FASB Chief of Taxonomy Development; Donna Johaneman, FASB Project Manager—XBRL; and Vickie Lusniak, Assistant Project Manager—XBRL.

At the end of this session, participants will be able to understand the changes in the proposed XBRL 2013 US GAAP Financial Reporting Taxonomy and gain a better appreciation for using XBRL data.

An archive of the webcast will be available on the FASB website through Thursday, December 23, 2012. (CPE credit will not be available to those who view only the archived webcast.) More information about the webcast is available at www.fasb.org.


About the Financial Accounting Standards Board

Since 1973, the Financial Accounting Standards Board has been the designated organization in the private sector for establishing standards of financial accounting and reporting. Those standards govern the preparation of financial reports and are officially recognized as authoritative by the Securities and Exchange Commission and the American Institute of Certified Public Accountants. Such standards are essential to the efficient functioning of the economy because investors, creditors, auditors, and others rely on credible, transparent, and comparable financial information. For more information about the FASB, visit our website at www.fasb.org.

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