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Douglas Skinner
  Douglas Skinner
 

Conference Examines Impact of Sarbanes-Oxley on Accounting Rules

11/4/2004 --

ANN ARBOR, Mich. – More than 130 academics, doctoral students and regulators gathered to discuss current accounting research during the 2004 Journal of Accounting and Economics (JAE) Conference held last month at the Stephen M. Ross School of Business at the University of Michigan.

JAE is one of the top three accounting journals in the world, and the selection of Michigan as the conference host for the first time was significant.

"To have a top-level conference held at our school raises its visibility among academics in the accounting field and enhances its reputation in terms of intellectual standing," said Douglas Skinner, the KPMG Professor of Accounting at the school and one of five editors of the journal.

This year's conference focused on the implications of changing financial reporting standards.

"In response to corporate accounting scandals, such as those at Enron, WorldCom and Global Crossing, Congress passed the Sarbanes-Oxley Act of 2002," Skinner said. "This landmark accounting reform legislation has brought changes to all aspects of financial reporting and disclosure, including accounting rules."

Seven research papers were presented during the conference on subjects ranging from the effects of corporate governance on firms' credit ratings to financial reporting incentives for conservative accounting.



For more information, contact:
Bernie DeGroat
Phone: (734) 936-1015 or 647-1847
Email: bernied@umich.edu