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Former FASB Board Member Katherine Schipper Joins BNA Accounting Advisory Board

NEWS RELEASE

Contacts:
Mark Carrington
(202) 530-1728

Washington, DC (February 7, 2007) – Katherine Schipper, recently a member of the Financial Accounting Standards Board (FASB) and now Thomas F. Keller Professor of Business Administration at Duke University's Fuqua School of Business, has joined the advisory board for BNA’s recently launched Accounting Policy & Practice Series. BNA publishes the authoritative and universally recognized Tax Management Portfolio series.

Dr. Schipper's appointment was announced by Peter H. Knutson, Advisory Board Chair. In commenting on her selection, Dr. Knutson stated that "Professor Schipper’s expertise in financial reporting and accounting is far-reaching. Her academic acumen capped by insights from her 5-year tenure on the Financial Accounting Standards Board will be of great value to the Advisory Board. We’re delighted that she is joining us.”

Dr. Schipper has also served on the faculty of the University of Chicago and, prior to that, on the faculty of Carnegie-Mellon University's Graduate School of Industrial Administration (now the Tepper School). Dr. Schipper is a past President of the American Accounting Association and from 1997 to 1998 was its Distinguished International Visiting Lecturer. She served on the FASB's Financial Accounting Standards Advisory Council from 1996 to 1999.

Dr. Schipper holds a B.A. degree from the University of Dayton and M.B.A., M.A. and Ph.D. degrees from the University of Chicago.

The Accounting Policy & Practice Series, from BNA Tax and Accounting, includes:

• Detailed analysis and explanation of accounting, audit, and financial reporting subjects in an expanding series of Portfolios.  Authored or co-authored by knowledgeable individuals from diverse backgrounds, portfolios analyze discrete subjects completely, in depth, and at a level of sophistication designed to serve the needs of accounting policy-makers and technicians in companies, accounting firms, and other professional environments.  Newly released in January: “Contingent Environmental Liabilities: Disclosures and Accounting.”
• The biweekly  Accounting Policy & Practice Report, which tracks news and developments from FASB, AICPA, SEC, PCAOB, IASB and more, and offers expert perspectives from respected accounting authorities.
• Special Reports periodically analyzing selected timely accounting and reporting topics. Recent special reports have analyzed uncertain tax positions (FIN 48) and pension accounting (FAS 158).

The Accounting Policy and Practice Advisory Board consists of the following individuals:

Peter Knutson, associate professor emeritus, University of Pennsylvania's Wharton School (Advisory Board Chairman).

Charles Bowsher, former Comptroller General of the United States.

David Cairns, visiting professor, London School of Economics and Political Science.

Jack Ciesielski, publisher, The Analysts' Accounting Observer.

Eugene Imhoff, Ernst & Young professor of accounting, University of Michigan.

Arnold Hanish, chief accounting officer, Eli Lilly and Co.

Henry Jaenicke, C.D. Clarkson emeritus professor of accounting, Drexel University.

Bob Laux, technical accounting and reporting director, Microsoft Corp.

Timothy Lucas, consultant, Lucas Financial Reporting.

April Mackenzie, executive director of global standards, Grant Thornton International.

Robert Mednick, retired managing partner of Andersen Worldwide, former chairman of AICPA.

John M. Morrissey, operating controller, General Electric Co.

Jane Poulin, chief accounting officer, Corning Incorporated.

Katherine Schipper, Thomas F. Keller Professor of Business Administration, Duke University.

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About BNA®
BNA is the foremost publisher of print and electronic news, analysis, and reference products, including the recently launched Accounting Policy & Practice Series.  It provides 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.