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PwC, Gifford Fong Associates Launch Solution133.com NEW YORK, Nov. 1, 2000 (SmartPros) Internet resources continue to expand as Big Five accounting firm PricewaterhouseCoopers and consulting firm Gifford Fong Associates launch an online resource for derivative accounting and reporting. According to PwC, the site, Solution133.com, which was established as a joint venture by the two entitites, allows companies to address the valuation, accounting and reporting requirements of the Statement of Financial Accounting Standards No. 133, "Accounting for Derivative Investments and Hedging Activities." With Solution133.com, users can calculate derivative valuations, perform hedge effectiveness tests and prepare certain documentation and reports required by FAS 133, said PwC. The site offers a cost-effective way for companies to comply with FAS 133 online and provides subscribers with free FAS 133 seminars and training via the Solution133.com College. In addition, the site is offering a seven-day free trial. To access the free trial and to tour the site visit www.solution133.com. -- SmartPros News Staff Send comments to information@smartpros.com 2000, Smartpros Ltd. All Rights Reserved. |
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