Date: November 13, 2008 @ 2pm EDT

Webinar Overview:

FAS 157 – Fair Value Measurement and Disclosure Best Practices
Presentation by: John Masterson, Director of Financial Derivatives at Chicago Bridge & Iron Company
Open discussion to follow.
Hosted by FXpress Corporation

This is the first in a series of monthly accounting calls designed to get FXpress clients together to discuss important issues within treasury management.
Many corporate treasury practitioners are feeling the impact of FAS157’s requirements on measuring and disclosing the fair value of assets and liabilities. The need to include credit adjustment curves in discounting, the classification of assets and liabilities into disclosure levels and the need for more detailed reporting on Level 3 items is leaving many in the dark regarding best practices. Register today to participate in the discussion on how best to apply this standard to your accounting processes.

The FAS157 Webinar will address the following:

• Assigning the right fair value disclosure level to asset classes
• Applying credit adjustment curves to the discounting process
• Disclosure level and accounting reporting requirements