MFM Seminar To Provide Accounting Update

A Distance Learning Seminar organized by Media Financial Management Association (MFM) will provide an accounting update for media companies.

Scheduled for Thursday, Jan. 10, from 3:30 to 4:45 p.m. ET, the CPE (continuing professional education) tele-seminar will include presentations by Brian Pendley, a partner in the assurance services unit of the Ernst & Young, and Crane Curran, a partner at Miller Kaplan Arase LLP.

Pendley will provide participants with the latest information on rules governing revenue recognition and lease accounting that can — and will — affect year-end reporting for 2012 as well as future financial reporting periods. 

Curran will examine common errors affecting 401(k) and other pension plans. His presentation will discuss the reasons errors commonly occur, correction procedures available to plan sponsors, and the measures plan sponsors should undertake in order to avoid errors and compliance violations before they happen.

“Regulations affecting accounting practices are constantly changing,” said Mary M. Collins, president-CEO of MFM and its BCCA subsidiary. “Many of our members are tasked with incorporating the latest changes into their year-end and tax reporting for 2012 and ensuring they adequately address these requirements in the coming year; we are pleased to provide this timely update from two of the industry’s leading experts on these aspects of financial accounting.”

Registered participants for the telephone seminar will be eligible to receive up to 1.5 CPE credits that may be applied to their certified public accounting (CPA) continuing education requirements. 

The registration fee is $74 for individual members of MFM and $94 for non-members.  The deadline for registering at these rates is Tuesday, Jan. 8.  Late registrants may be required to pay an additional $20.

Additional information about the seminar and an online registration form may be found on MFM’s website here.