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Thursday, April 3, 2003

BARUCH COLLEGE, NEW YORK, NY (3/13/03)—The Sarbanes-Oxley Act changes the rules of corporate governance and increases the oversight responsibilities of corporate boards and their auditing committees. Will Sarbanes-Oxley safeguard the integrity of corporate financial reporting? Will it protect investors, promote transparency, and increase accountability? Or will this, the key piece of legislation to come out of recent corporate scandals, prove to be just another easily evaded paper tiger? Equally important, what will be the added burden and cost of new reporting and disclosure requirements for corporate managers?

Former SEC Commissioner Lynn Turner; Douglas Carmichael, the Wollman Distinguished Professor of Accountancy at Baruch College and an outspoken critic of recent auditing practices; Mary Jo White, former federal prosecutor; Charles Niemeier, Acting Chairman of the Public Company Accounting Oversight Board; and Edward S. Knight, Exec. V.P. and General Counsel of Nasdaq, will be among the distinguished speakers at Baruch College’s upcoming conference on corporate governance in the aftermath of Sarbanes-Oxley.

Billed as a “boot camp” for directors on their changing roles, this all-day event is jointly sponsored by Baruch College’s Center for Financial Integrity and Colorado State’s Center for Quality Financial Reporting. The conference takes place on Thursday, April 3, 2003, 8:30 am to 4:50 pm, in Baruch’s Newman Vertical Campus Conference Center, 55 Lexington Ave., 14th floor. A reception at 4:50 pm concludes this event.

Corporate sponsors include the Nasdaq; Bloomberg, L.P.; the American Society of Corporate Secretaries, Inc.; the New York Chapter of the National Association of Corporate Directors; and the N.Y. State Society of Certified Public Accountants.

The conference is specifically aimed at business leaders, their professional advisers and board members. Press coverage invited. For further information or to register, call (646) 312-3231.

Zane Berzins,
News Manager


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