AIRA Webinar: Recent and Unique Accounting Issues companies in Chapter 11 Face Today

Topics Include

  • Analyzing Derivatives and Interest Rate Swaps
  • Accounting for Secured Debt and Related Debt Discounts, Premiums and Issuance Costs
  • Reporting the Rejection of Executory Contracts
  • Classifying Reorganization Items
  • An Update of Newly Released Accounting Standards

Presenters:

  • Neal E. McNamara, Director KPMG LLP, Chicago
  • Cynthia Kielkucki, Manager KPMG LLP, Chicago

Moderator:

  • Grant Newton, Executive Director AIRA

Program Level:
Intermediate

Additional Information:
Advanced Preparation: In order to receive two units of CPE credit, you must first view the video recording on an enclosed CD in a .wmv file. During the discussion, the panel members may refer to the session material. The PowerPoint slides are for reference during the presentation.

Location:
Self Study

Delivery Method:
The delivery method is a self-study CD with a printed test and session material.

Refunds:
Requests for refunds must be received within 10 days after receipt of course and are subject to a $25 cancellation fee.

Contact Information:
For more information regarding refund complaint and/or program cancellation policies, please contact our offices at 541.858.1665

2 Accounting hours of CPE Credit; registration fee $125
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2005 Bankruptcy Act: Implications for Business and Financial Advisors

The 2005 Act consist of 16 different titles. However, the provisions of the 2005 Act for purposes of this course may be summarized into three general areas consisting of:

  • Business changes (including cross-border issues) and abuses
  • Tax changes
  • Means testing and consumer abuses and protection

The learning objectives of this course are to be describe each of the provisions in the 2005 Act relevant to the financial advisor including

  • Practice prior to 2005 Act
  • Changes enacted
  • Impact of changes

Program Level:
Intermediate

Additional Information:
Prerequisites: The participant should have a general understanding of the nature and cause of business failure for this update.

Advanced Preparation: In order to receive eleven and on have units of CPE credit, you must first read through the text within the course binder. At the end of each chapter, there is a set of review questions. These questions are designed to keep you on track with tech course materials as you move through each area of information.

Location:
Self Study

Delivery Method:
The delivery method is a self-study in print form. There are eight chapters dealing with various topics within the bankruptcy field.

Refunds:
Requests for refunds must be received within 10 days after receipt of course and are subject to a $25 cancellation fee.

Contact Information:
For more information regarding refund complaint and/or program cancellation policies, please contact our offices at 541.858.1665

11.5 hours of CPE Credit; registration fee $130
Click here to order

Self-Study DVD Course: Bankruptcy Code: A Discussion of the Key Provisions, Including Those Relevant to the Financial Advisor

This lecture with Professors Grant Newton and Jack Williams is for business professionals on basic and advanced levels. It includes information on the new changes to the bankruptcy law and is designed to be conceptual in nature for professionals who want a pragmatic approach to bankruptcy. It presents the types of issues that might arise, in context with the bankruptcy law from a business perspective.

8 hours of CPE Credit; registration fee $195
Click here to order

AIRA

AIRA Teleconference Sessions

  • AIRA is pleased to offer five self-study courses that will sharpen your awareness and knowledge of critical issues and developments, add to your resource library and help fulfill CPE requirements. Each course focuses on a specific topic in the financial markets impacting the current distressed environment.
  • Each course comes with an audio recording of the original teleconference discussion as well as the reference material presented during the session. Accompanying the material is a study guide and short test required for CPE credit.
  • Each course qualifies for 2 hours of CPE credit.

Purchase these Materials

SOP 90-7: Revision and Applications

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  • Moderator:
    • Grant Newton, CIRA (AIRA)
  • Speakers:
    • Nancy O’Neill, CIRA (Deloitte)
    • Steve Darr, CIRA/CDBV (Mesirow Financial Consulting)
    • Mike Sullivan, CIRA (Huron Consulting Group)
  • Session Highlights:
    • Financial reporting during reorganization
    • Financial reports on emerging from chapter 11
    • Recent changes to SOP 90-7
    • 90-7 and fair value accounting

Reconciling Valuation Approaches in Upside-Down Markets

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  • Moderators:
    • Bernard Pump, CIRA/CDBV (Deloitte)
    • Paul Shields, CIRA/CDBV (LECG)
  • Speakers:
    • David C. Smith (University of Virginia)
    • Michael Henkin (Jefferies & Company, Inc.)
  • Session Highlights:
    • Which valuation methodologies are appropriate in abnormal environments?
    • Discussion on current market: Is valuation reasonable?
    • Valuation considerations:
      • How to determine appropriate discount rate
      • How to deal with a lack of transaction comps
      • Are asset values skewed due to impairment/accounting treatments?

FASB 157: Changes to Market Value Accounting as a Result of the "Credit Crunch"

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  • Moderator:
    • Jim Lukenda, CIRA, Huron Consulting Group
  • Speakers:
    • Kenneth J. Evola (Huron Consulting Group)
    • Boris J. Steffen, CDBV (Bates White, LLC)
    • Elizabeth H. Baird (O’Melveny & Myers LLP)
  • Session Highlights:
    • FAS 157: Overview on provisions of the statement
    • What is so different about accounting and reporting after 157?
    • Valuation challenges presented by 157
    • Reporting challenges presented by 157 the legal and regulatory quandary: what parties are
      encountering in litigation and investigations
    • Regulatory and legislative response to 157
    • Status of actions by IASB, SEC, update on report to Congress
    • Discussion of ideas on how 157 should be changed

Sub-Prime Meltdown
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  • Moderator:
    • Bradley Sharp (Development Specialists)
  • Speakers:
    • Lewis Rosenbloom (Dewey & LeBoeuf)
    • Sandra Laskowski (Swing Bridge Capital)
    • George Blanco, CIRA (BDO Consulting)
  • Session Highlights:
    • Financial instruments and acronyms of the financial crisis - MBS, CDO, CDS
    • New developments in the continuing sub-prime crisis
    • Impacts of the meltdown and credit crunch on value of distressed debt for companies in
    • Chapter 11 (and those almost there)

Financing in Today’s Market
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  • Moderator:
    • Teri Stratton, CIRA (Macquarie Capital)
  • Speakers:
    • Edward Albert (Fortress Investment)
    • Richard Brooks (Wachovia)
    • Edward Siskin (Crystal Capital)
  • Session Highlights:
    • Who is lending and what type of lending is occurring
    • Update on current debt markets
    • Recent financings and participants in DIP/exit financing and how to work with existing lenders
    • What the future holds based on market intelligence
National Registry of CPE Sponsors

Nation Registry of CPE Sponsors

"Association of Insolvency and Restructuring Advisors" is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.