fas 133 working group meeting - energy issues 9 / 20 dear working group participant
we are stating up the garp fas 133 working group meetings again . the next
meeting is on wednesday september 20 from 6 : 30 - 8 : 30 central time in
houston .
phone - in will be provided .
greetings from garp ! we are having the next meeting september 20 th at
enron , from 6 : 30 pm until 8 : 30 pm . due to security we need everyone to rsvp ,
including the names of any guest they may be bringing . please rsvp to
rita . hennessy @ enron . com .
the meeting will cover sfas 133 and related risk management issues .
sajjad rizvi and phillip merrill ( garp chairman relating to sfas 133 ) will
be presenting . attendence is anticipated to include risk
control / accounting / and quantitative analyst . below is the following
agenda :
" fasl 33 and beyond ; an update on sfas 138 and eitf 98 - 10 "
overview of ? 4 major amendments to sfas 133 , that were made in 138 ,
accounting for certain derivative instruments and certain hedging
activities
impact of the expanded definition of normal purchase normal sales
on the commodity transactions .
update on all the recently finalized implementation issues from
dig since the last garp meeting in may / june 2000 .
discussion on ? eitf 98 - 10 issues on energy related contracts .
? ? ? eitf 00 - t - capacity ? contract subject to ? lease accounting
treatment under sfas 13 .
? ? ? eitf 96 - 17 - power contracts - long term
? ? ? eitf 91 - 6 - ? power contracts - long term
outline garp ' s role and methodology in dealing with the fasb regarding
energy related issues
overview of fasb and dig rule making process and how garp can make
impact
discussion to find common ground on issues relating to this new
accounting rule
outstanding issues in the energy industry , including capacity
sales transactions , book - outs etc .
prioritizing issues
explore various positions and how to take next steps
the issues presented by sfas 133 are very dynamic and the presenters have
requested that if you would like a particular issue raised at this meeting ,
please direct your interests and questions to sajjad rizvi at
lima @ flash . net , or call sajjad at 281 - 579 - 3410
again , i would like to extend a thank you to our presenters and i look
forward to your attendence .
regards ,
frank hayden
director - garp houston chapter
fas 133 working group meeting - energy issues 9 / 20
dear working group participant
we are stating up the garp fas 133 working group meetings again . the next
meeting is on wednesday september 20 from 6 : 30 - 8 : 30 central time in
houston .
phone - in will be provided .
greetings from garp ! we are having the next meeting september 20 th at
enron , from 6 : 30 pm until 8 : 30 pm . due to security we need everyone to rsvp ,
including the names of any guest they may be bringing . please rsvp to
rita . hennessy @ enron . com .
the meeting will cover sfas 133 and related risk management issues .
sajjad rizvi and phillip merrill ( garp chairman relating to sfas 133 ) will
be presenting . attendence is anticipated to include risk
control / accounting / and quantitative analyst . below is the following
agenda :
" fasl 33 and beyond ; an update on sfas 138 and eitf 98 - 10 "
overview of ? 4 major amendments to sfas 133 , that were made in 138 ,
accounting for certain derivative instruments and certain hedging
activities
impact of the expanded definition of normal purchase normal sales
on the commodity transactions .
update on all the recently finalized implementation issues from
dig since the last garp meeting in may / june 2000 .
discussion on ? eitf 98 - 10 issues on energy related contracts .
? ? ? eitf 00 - t - capacity ? contract subject to ? lease accounting
treatment under sfas 13 .
? ? ? eitf 96 - 17 - power contracts - long term
? ? ? eitf 91 - 6 - ? power contracts - long term
outline garp ' s role and methodology in dealing with the fasb regarding
energy related issues
overview of fasb and dig rule making process and how garp can make
impact
discussion to find common ground on issues relating to this new
accounting rule
outstanding issues in the energy industry , including capacity
sales transactions , book - outs etc .
prioritizing issues
explore various positions and how to take next steps
the issues presented by sfas 133 are very dynamic and the presenters have
requested that if you would like a particular issue raised at this meeting ,
please direct your interests and questions to sajjad rizvi at
lima @ flash . net , or call sajjad at 281 - 579 - 3410
again , i would like to extend a thank you to our presenters and i look
forward to your attendence .
regards ,
frank hayden
director - garp houston chapter