CPA Journal Features Pace University’s Latest Lubin Forum on Contemporary Accounting Issues

The October issue of The CPA Journal features a collection of articles on Pace University’s Lubin Forum on Contemporary Accounting Issues with many insights into accounting issues involved in the present financial crisis — including aspects of the “fair value” issue the FASB discussed in its meeting this week.

FOR IMMEDIATE RELEASE

Contact Bill Caldwell, Office of Public Information, Pace University, 212-346-1597, wcaldwell@pace.edu

CPA JOURNAL FEATURES PACE UNIVERSITY’S LATEST LUBIN FORUM ON CONTEMPORARY ACCOUNTING ISSUES

Discussions by prominent players bear on today’s financial turmoil, from growing impact of International Financial Reporting Standards to issues in insurance, credit crisis and mark-to-market rule

NEW YORK, NY, October 3, 2008 – The October issue of The CPA Journal features a collection of articles on Pace University’s Lubin Forum on Contemporary Accounting Issues with many insights into accounting issues involved in the present financial crisis — including aspects of the “fair value” issue the FASB discussed in its meeting this week.

Pace University’s Lubin School of Business organizes the Annual Lubin Forum on Contemporary Accounting Issues. The focus of this year’s event, presented in conjunction with The International Accounting Standards Board on April 29, was “Global Integration of Accounting Standards: How Do We Get It Done?”.

Keynote speakers included Julie A. Erhardt, Deputy Chief Accountant at the U.S. Securities and Exchange Commission; Tom Jones, Vice Chairman of the International Accounting Standards Board; and Thomas J. Linsmeier, Member of the Financial Accounting Standards Board.

Speakers addressed a variety of topics like the credit crisis, economic downturn, and mark-to-market accounting rule; the reorganization of the Financial Accounting Standards Board and the likelihood of success for its intended goals; and the looming changes in financial reporting as convergence of IFRS and U.S. GAAP moves forward.

By July 2008 35% of the world’s capital markets by value had adopted IFRS, with that percentage set to increase steadily, according to Financial Director Magazine, Sept. 21, 2008.

The October issue of The CPA Journal is available at http://viewer.zmags.com/showmag.php?mid=wqshff&pageid=24#/page24/

The Lubin School of Business is accredited for both business and accounting by AACSB International, an elite distinction shared by fewer than 3 percent of business schools worldwide. With a tradition of practice-oriented curricula, the school has achieved national recognition for both its graduate and undergraduate programs in U.S.News & World Report and other media. Approximately 4,000 students are enrolled in Lubin’s undergraduate, graduate and professional degree programs in Downtown and Midtown New York City, and Pleasantville and White Plains in Westchester. Prominent alumni include Melvin Karmazin, CEO of Sirius Satellite Radio; James Quinn, president of Tiffany & Co.; Ivan Seidenberg, chairman and CEO of Verizon; Marie Toulantis, former CEO of Barnes&Noble.com; and Richard Zannino, former-CEO of Dow Jones & Company. www.pace.edu/lubin.

For 102 years Pace University has provided high quality professional education resting on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling more than 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

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