Aurora, IL September 16, 2008: Frederick G. Lantz, CPA, Partner and Director of Government Services with Sikich LLP, will present a session on Other Post-Employment Benefits (OPEB), Are You Ready for OPEB Reporting, for attendees at the 95th Annual Illinois Municipal League (IML) Conference held at the Hilton Chicago Hotel, September 26, 2008.

New disclosure requirements issued by the Government Accounting Standards Board advise that all OPEB benefits, such as health care, must be reported as liabilities. This session will inform municipal officials about what this development means for their budgets, and what steps municipalities should take to make OPEB costs more palatable while ensuring compliance.

With more than 25 years of experience in the state and local government industry, including leading Sikich’s government team on more than sixty local government engagements, Lantz is a nationally recognized expert in the industry. He has developed courses and served as lead instructor for governmental accounting, auditing, and financial reporting training courses. Lantz is a graduate of Northern Illinois University with a degree in Accounting.

Background

Sikich LLP is a multi-discipline professional services firm providing public accounting and tax services, operations and management consulting, entrepreneurial services, information technology products and services, investment banking, human resources services, marketing services, retirement plan services, and wealth management. With more than 250 employees and six offices in Illinois, Indiana, and Missouri, Sikich serves individuals, privately-held small and middle market companies, as well as governmental and not-for-profit organizations throughout the Midwest. Visit www.sikich.com to learn more.