ADVISORY/Examining the Audit Process -- Notice of Public Hearings.Business Editors ADVISORY...Mon./Tues. (July 10-11) NEW YORK--(BUSINESS WIRE) SEC Chairman Levitt and Accounting Experts to Address Panel on Audit Effectiveness The Panel on Audit Effectiveness will hold public hearings on July 10 and 11, 2000 to obtain the views of interested individuals and organizations on the Panel's Exposure Draft of its Report and Recommendations, dated May 31, 2000. The Panel's recommendations are addressed to many constituencies: the Securities and Exchange Commission (SEC), the Public Oversight Board, standards-setters, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. firms, the American Institute of CPAs (AICPA AICPA See American Institute of Certified Public Accountants (AICPA). ), corporate audit committees and others. The Hearings will be conducted by Panel members, led by Panel Chair, Shaun O'Malley. SPEAKERS: Chairman Arthur Levitt of the SEC Barry Melancon of the AICPA Representatives of the Big 5 Accounting Firms International Accounting Experts State Boards of Accountancy Academics WHAT: Panel on Audit Effectiveness WHEN & WHERE: July 10 and 11, 2000 9:30 AM - 5:00 PM TIAA-CREF Building 18th Floor, Room 4 730 Third Avenue (between 45th and 46th) New York, NY CONTACT: Charlie Reis at 212/840-1661 (The time table for the Hearings and Exposure Draft are available on the Panel's website, www.pobauditpanel.org ) NB: Seating is limited Speakers will be allotted up to 15 minutes for their presentations, followed by a period for answering questions from members of the Panel. Observers are welcome at the public hearings, but may not participate in the discussions. The members of the Panel were drawn from industry, public practice and academia and include two former SEC Commissioners. Panel members are: -- Shaun F. O'Malley, former Chair of Price Waterhouse LLP -- Dennis H. Chookaszian, Chairman, Executive Committee, CNA (Certified NetWare Administrator) See Novell certification. Financial and Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , mPower -- Paul Kolton, Chairman, Steering Committee, FASB FASB See: Financial Accounting Standards Board FASB See Financial Accounting Standards Board (FASB). Business Reporting Research Project and former Chairman and CEO of the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. -- Bevis Longstreth, Counsel to Debevoise & Plimpton and former Commissioner of the SEC -- Louis Lowenstein, Simon H. Rifkind Professor Emeritus of Finance and Law, Columbia University -- Zoe-Vonna Palmrose, PricewaterhouseCoopers Professor of Auditing, University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission -- Aulana L. Peters Aulana L. Peters is a retired partner at the law firm of Gibson, Dunn & Crutcher LLP, where she was active partner from 1980 to 1984 and from 1988 to 2000.[1] From 1984 until 1988[1] , Partner of Gibson, Dunn & Crutcher and former Commissioner of the SEC -- Ralph S. Saul, former Chairman of the Board of CIGNA Corporation At the request of Chairman Arthur Levitt of the Securities and Exchange Commission, the Panel was formed in October 1998 by the Public Oversight Board, an independent private sector body that oversees the self-regulatory programs of the SEC Practice Section of the American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America. . The Panel was charged to thoroughly examine the current audit model. |
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