What is NSAC's Cooperative Learning Network?
A NSAC Cooperative Learning Network is a live, interactive 60-minute conference presented over the telephone and over the Internet. You can attend from any location that has telephone and Internet access. You pay just one registration fee for as many participants as you wish at each call/log-in location.

Note that high-speed Internet access is not mandatory – the system works with dial-up but you must have separate connections for the audio and video portions. You may use cell phones for the audio if you have only one connection.

Who presents at one of these sessions?
Your Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. Conferences typically include a Q&A session; you can ask questions by phone or instant messaging options.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) 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 through its website: www.learningmarket.org.

Delivery Method: Group-Live.

CLN Policies
Refunds for CLNs are not provided. Registrants if unable to participate will be provided credit for a future CLN or may opt to be sent a copy of the CLN PODCast following the event. Note PODCasts are not eligible for CPE credit.

For more information regarding refund, complaint and/or CLN cancellation policies, please contact our offices at (937) 222-6707 or info@nsacoop.org.

What does my registration include?
Your registration includes long-distance charges for the audio portion and log-in to the video presentation. All handouts and presentation files are downloadable and may be printed out or saved to the participant's computer once they are logged in to the session meeting room. Sessions include one CPE Certificate of Attendance. Certificates for additional participants are $10.00 each.

Why NSAC Cooperative Learning Networks?

Fast.
No wasted time. Get right to the heart of the matter in a 60-minute session designed to easily fit into your busy schedule.

Convenient.
No airlines. No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk or conference room.

Easy.
A telephone and computer are all the equipment you need. Just dial in and log-in to the system. That's it.

Ideal for multiple attendees.
Use a speakerphone and projector and invite as many people as you want to participate - at no extra cost to you.

Affordable.
NSAC Cooperative Learning Networks are a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.

Cooperative Learning Network

A members only PODcast archive of this seminar is now available. Note PODCasts do not qualify for CPE credit. Click here to order!

NSAC - FASB Private Company Standard Setting
Date: Thursday, April 14, 2011
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenter(s): Kevin P. Catalano, Practice Fellow
Objective: - An overview of the FASB organization and standard-setting process
- An overview of IFRS convergence efforts
- Private company financial reporting issues and concerns
- The Blue Ribbon Panel and its report of recommendations
- Private company standard-setting initiatives and challenges
- A review of some of the major projects underway
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group-Live

No advanced preparation or prerequisites are required for this course.

Course Description
Kevin will give the participants
- An overview of the FASB organization and standard-setting process
- An overview of IFRS convergence efforts
- Private company financial reporting issues and concerns
- The Blue Ribbon Panel and its report of recommendations
- Private company standard-setting initiatives and challenges
- A review of some of the major projects underway

Presenter Bio(s)
In July 2010, Kevin P. Catalano began a two-year assignment as a Practice Fellow with the Financial Accounting Standards Board (FASB) in Norwalk, Connecticut. In this role, Mr. Catalano assists and advises the project team responsible for the FASB’s joint project with the International Accounting Standards Board (IASB) to improve financial statement presentation. Mr. Catalano is also responsible for managing the FASB project to improve the accounting guidance for assessing goodwill for impairment. Mr. Catalano is also responsible for working with the FASB’s Emerging Issues Task Force (EITF), handling various technical consultations received by the FASB, and assisting with various projects to improve accounting standards for private companies, including the development of a differential framework for private company financial statement reporting.

Mr. Catalano joined the FASB from PricewaterhouseCoopers LLP (“PwC”), where he is a Senior Manager in the National Professional Services Group. Prior to joining the FASB, Mr. Catalano spent 13 years within PwC’s New York metro assurance practice where he most recently served large and medium-sized, multinational SEC registrants in the consumer products and industrial products sectors. Earlier in his career, Mr. Catalano also served several small to medium-sized privately held companies.

From 2006 to 2010, Mr. Catalano held several leadership roles within the regional and national levels of PwC in areas such as operations, quality and business development.

Mr. Catalano is a member of the American Institute of Certified Public Accountants (AICPA), and maintains CPA licenses in Connecticut and New York. He received his Bachelor of Science degree in Accountancy, magna cum laude, from Fairfield University.

A PODCast of this workshop is now availble. Click here to order/view.

Additional Information

For more information regarding this series or administrative policies such as complaint and refund, please contact the NSAC National offices, 136 S. Keowee St., Dayton, OH 45402, 937-222-6707, email: info@nsacoop.org