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BNA Launches Portfolio Series Providing In-depth Analysis and Insight Into Application of Accounting Rules and Standards

NEWS RELEASE

Contact:
Jessica Klenk
Boscobel Marketing Communications
301.588.2900 x 121 / jklenk@boscobel.com

Michael Rudd
Boscobel Marketing Communications
301.588.2900 x 115 / mrudd@boscobel.com

WASHINGTON, D.C., September 5, 2006 -- Today BNA launched its new Accounting Policy & Practice Series to the accounting, financial, and legal communities. The series provides subscribers with a new dimension of objective and insightful guidance into decision-making in the post Sarbanes-Oxley environment.

The Accounting Policy & Practice Series will initially comprise of portfolios on the following topics:

ACCOUNTING RULES AND DISCLOSURES

5100-1st, Revenue Recognition: Fundamental Principles
By Lisa Marie Starczewski, J.D., J. Randolph Mallek, CPA, Ph.D., and Frank J. Beil, Jr., CPA, Carlson School of Management, University of Minnesota

5101-1st, Revenue Recognition: Product Sales and Services
By Lisa Marie Starczewski, J.D., Frank J. Beil, Jr., CPA, Carlson School of Management, University of Minnesota, and J. Randolph Mallek, CPA, Ph.D.

5106-1st, Accounting for Investments in Debt Securities
By Mark A. Kohlbeck, CPA, Ph.D., Florida Atlantic University

5107-1st, Management's Discussion and Analysis
By Brian J. Lane, J.D., Gibson Dunn & Crutcher LLP, former director, Corporation Finance Division, Securities and Exchange Commission, Gillian R. McPhee, J.D., Gibson Dunn & Crutcher LLP, and William Ruland, Ph.D., Baruch College, City University of New York

5108-1st, Pension Accounting
By Patricia A. Williams, D.B.A., Fordham University, with Expert IFRS Commentary by David Cairns, CA, FCA, London School of Economics and Political Science

5109-1st, Accounting for Share-Based Compensation
By Betty M. Chavis, Ph.D., and Vivek Mande, Ph.D., California State University-Fullerton

5114-1st, Accounting for Leases: Fundamental Principles
By Joseph P. Sebik, CPA, and Lisa Marie Starczewski, J.D.

5115-1st, Business Combinations: Goodwill and Intangible Assets
Dr. Ralph L. Benke, Jr., Ph.D. CMA, James Madison University

5119-1st, Segment Reporting
By Allen I. Schiff, CPA, Ph.D., Fordham University, Jonathan Schiff, CPA, Ph.D., Fairleigh Dickinson University, and Cheri R. Mazza, CPA, Ph.D., Fordham University

5121-1st, The Cash Flow Statement
By Hugo Nurnberg, CPA, Ph.D., Baruch College, City University of New York

5131-1st, Methodologies for Estimating Future Profitability, Growth, and Valuation
By Teri Lombardi Yohn, CPA, Ph.D., University of Massachusetts at Amherst

SPECIAL INDUSTRIES & ENTITIES

5200-1st, Accounting for Not-for-Profit Organizations
By Dominic L. Daher, J.D., and Stacy E. Daher, CPA, University of San Francisco

5201-1st, Accounting for Museums
By Martha L. Benson, CPA, and Alan S. Glazer, CPA, Ph.D., Franklin and Marshall College

5202-1st, Accounting for Trusts and Estates
By Alan S. Acker, J.D., CPA

5204-1st, Hospital Accounting
By Charles A. Borek, J.D., CPA, Cohen Rutherford & Knight, PC, and O'Connor & Borek, LLC

MANAGEMENT CONTROL & ANALYSIS

5300-1st, Cost Accounting for Federal Contracts
By Bertold Bodenheimer, CPA, Caldwell & Bodenheimer LLC

AUDIT STANDARDS & PRACTICES

5401-1st, Audit Committee Oversight Effectiveness Post Sarbanes-Oxley Act
By Zabihollah Rezaee, CPA, Ph.D., former member of PCAOB Standing Advisory Group, Fogelman College of Business and Economics, University of Memphis

5402-1st, Internal Control: Sarbanes-Oxley Act § 404 and Beyond
By Simon M. Lorne, J.D., former general counsel, Securities and Exchange Commission, Kathleen Smalley, J.D., former director, California State Teachers' Retirement System, and Jeffrey L. Schultz, J.D.

ACCOUNTING PRACTICE & RESPONSIBILITY

5500-1st, Preparing for and Defending Accounting Liability Litigation
By Samuel W. Braver, J.D., Gregory J. Krock, J.D., Kristi A. Davidson, J.D., and David M. Glad, J.D., CPA, Buchanan Ingersoll and Rooney PC.

5501-1st, The Liability of Accountants to Non-Clients for Professional Malpractice
By Leon P. Gold, J.D., and Richard L. Spinogatti, J.D., Proskauer Rose LLP

5502-1st, Sarbanes-Oxley: Auditor Independence
By Michelle M. Henkel, J.D., CPA, Charles W. Wheeler, J.D., and Andrea M. Lane, J.D., CPA, Alston& Bird LLP

5503-1st, Managing Legal Risk in the Financial Reporting Process
By Leonard W. Wang, J.D., former assistant director, Division of Enforcement, Securities and Exchange Commission.

5504-1st, A Strategic Approach to SEC Investigations
By Leonard W. Wang, J.D., former assistant director, Division of Enforcement, Securities and Exchange Commission.

Additional portfolios are already in production for issue in the first year. The Series is further enhanced by the Accounting Policy & Practice Report, which provides bi-weekly news, analytical updates, and expert perspectives on emerging, dynamic, and complex accounting rules and principles; and Special Reports, which offer bi-monthly coverage of evolving hot topics, including auditors' reports, the financial reporting process, and accounting for postretirement benefits (FAS 106).

“The depth and breadth of topics covered in our initial offering of accounting portfolios demonstrates our commitment to deliver detailed analysis of topics relevant to the financial accounting community,” said Darren McKewen, group publisher for BNA Tax & Accounting.

The new series joins BNA's product library of internationally used and respected portfolios on federal, state and international taxation. The Tax Management portfolios are universally respected for detailed guidance on matters related to highly complex tax issues.

For a free trial of the Accounting Practice & Portfolio Series, call 800.372.1033, log on to www.bna.com/trials and enter Priority Code tmap168m, or contact your BNA representative.

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BNA is the foremost publisher of print and electronic news, analysis, and reference products, providing intensive coverage of legal and regulatory developments for professionals in business and government. BNA is the oldest wholly employee-owned company in the United States, and produces more than 200 news and information services — including Daily Labor Report and Daily Tax Report — widely respected for comprehensive and objective reporting and analysis. www.bna.com