Baruch College's Center for Corporate Integrity Holds Accounting Roundtable.

NEW YORK -- Baruch College 

WHO:     The Robert Zicklin Center for Corporate Integrity at
         Baruch College (http://www.baruch.cuny.edu/cci/)

WHAT:    Debate on merits of "rules-based" vs. "principles-based"
         corporate accounting standards.

         Advocates of "principles-based" accounting believe it
         provides a truer picture of a company's financial
         condition and aligns U.S. practices with international
         standards.

         Opponents counter that too much emphasis on "principles"
         will create ambiguity and unduly increase the oversight
         burden on auditors, corporate boards an enforcement
         officials, as well as making it more difficult to hold
         preparers of financial reports accountable for improper
         accounting.

PARTICIPANTS:

     --  Ned Regan, former Comptroller of New York State,
         Roundtable Chair

     --  Douglas R. Carmichael, Chief Auditor, Public Company
         Accounting Oversight Board

     --  Katherine Schipper, Board Member, Financial Accounting
         Standards Board

     --  Charles M. Elson, Director, Weinberg Center for Corporate
         Governance, University of Delaware

     --  Thomas Newkirk, Associate Director, Securities and
         Exchange Commission Enforcement

     --  Howard Schilit, Founder, The Center for Financial Research
         & Analysis

     --  Colleen Sayther, President & CEO, Financial Executives
         International

     --  Melvyn I. Weiss, Senior Partner, Milberg Weiss Bershad &
         Schulman

     --  And other leading regulators, academics and industry
         executives

WHERE:   Baruch College
         55 Lexington Ave. (at 24th Street)
         Conference Ctr., 14th fl.

WHEN:    Tuesday, September 28, 2004
         12:00 p.m. until 2:30 p.m. (lunch included)

RSVP:    Ed Sweeney
         212-354-6450
         [e-mail]