New York (Feb. 25, 2004) -- In a sign of the times, Columbia Business School Executive Education, a division of Columbia University's Graduate School of Business, has added a new course for directors focused on improving financial integrity in corporate boardrooms.

The course, “Accounting Essentials for Corporate Directors: Enhancing Financial Integrity,” is open to board members of publicly traded or privately owned companies. Its goal is to strengthen directors' ability to evaluate financial information and assess the decisions and representations made by management.

The course will be held April 19-21, 2004, at the New York Palace Hotel in New York, and is supported by the New York Stock Exchange Foundation. The course will be taught by Columbia Business School faculty, headed by professors Nahum D. Melumad and Stephen H. Penman. Featured speakers include Public Company Accounting Oversight Board Chairman William J. McDonough; Harvey J. Goldschmid, commissioner of the Securities and Exchange Commission; Philip A. Laskawy, former chairman and chief executive of Ernst & Young; and Financial Accounting Standards Board member Katherine Schipper.

The program is accredited by Institutional Shareholder Services. For information, contact Thea Pace, (212) 854-6112, or tao26@columbia.edu.

-- WebCPA staff

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