Accy 303: Accounting Institutions and Regulation Bulletin Board<br> Fall 2000

Announcements are listed in *reverse* order: latest first!

1/25/00: Powerpoint for day 2
1/18/00: Powerpoint for day 1

Please bring a passport-size picture of yourself to class on Thursday 1/18 -- photocopies of your student id (with privileged information edited) are acceptable.
1/16/01: Welcome!
Browse the following at your leisure or as topics come up in class.

A number of popular press stories/regulatory speeches which made for interesting reading and class discussions in prior versions of this course.

An article on truth in accounting
How to lose a spacecraft 101
A speech by Art Levitt, chairman of the SEC on earnings management (Sep 28, 1998)
Levitt speech on the future of financial markets (Sep 23, 1999) plus reports and interpretation by the NYT staff here and here
Levitt speech on audit effectiveness (Oct 7, 1999)
Levitt speech on role of information quality in financial markets (Oct 18, 1999)
Levitt speech on auditor independence (October 24, 2000).
SEC's initiative to ensure equitable disclosure to financial markets and to enahnce effectiveness of the audit committee
More generally, check out the SEC's website once a week or so to see what's new. Also the SEC's What's Hot page.
What does the SEC really do? Browsing the news digests will also familiarize you with the general scope of the SEC's "daily life" as it were.

In case your background in how financial markets function and the role of derivatives needs a refresher, you can browse these articles from the Economist magazine on the financial system and its role, large institutional investors, stock markets, derivatives, share valuation and the future of financial markets. These are non-technical articles but they will get you started. These are background reading meaning you will be assumed to have a passing familiarity with this material.