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Catch 22: Accounting for Contingencies
and Environmental Liabilities

Tim Reason, editorial director of CFO.com, will interview attorney and financial analyst Greg Rogers, president of Advanced Environmental Dimensions, about the conclusions that can be drawn for companies of all sizes and from all industries through a benchmark analysis of 25 companies in the petroleum and chemical industries. They will discuss such issues as environmental reserve practices, cost-effectiveness of environmental expenditures, impact on market capitalization, proximity of reported liabilities to fair value, and solvency risk.

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