4th Quarter Real Estate Industry Luncheon Roundtable
Thursday, December 9, 2004
11:30 a.m. - 1:30 p.m.
BNKJ Building - Lobby Conference Room
Subject: FASB Interpretation No. 46
Free Lunch & Learn Program

FASB Interpretation No. 46
FASB Interpretation No. 46 (or “FIN 46” for short).  Has that struck fear or confusion into the brains of any real restate accounting professionals in your organization?  Have any of your business partners brought this term up with you?  What is a “variable interest entity” anyway and why or when might you need to consolidate, or not consolidate one?  How does other GAAP consolidation guidance fit with FIN 46?

We only touched on the basics of FIN 46 along with other GAAP developments during a past Real Estate Roundtable session.  However, the original pronouncement was reissued in revised form in December 2003 as FIN 46R.  As we all approach year-end, many financial statement issuers might wish for both a refresher and a deeper analysis of this revised guidance. Please join Babush, Neiman, Kornman & Johnson on Thursday, December 9, 2004 once again for a complimentary lunch presentation geared to real estate accounting and finance professionals, which covers this topic and qualifies for an hour of A&A CPE.

Registration: Call (770) 261-5447, or Register Now Online!