Senate Committee Schedules Hearing on Accounting Profession's Role in Preventing Financial Crises

The Senate Banking Committee will hold a public hearing on The Role of the Accounting Profession in Preventing Another Financial Crisis, on April 6, 2011.

The witnesses on Panel I will be: Mr. James R. Doty, Chairman, Public Company Accounting Oversight Board; Ms. Leslie F. Seidman, Chairman, Financial Accounting Standards Board; and Mr. James L. Kroeker, Chief Accountant, U.S. Securities and Exchange Commission. The witnesses on Panel II will be: Mr. Anton R. Valukas, Chairman, Jenner & Block LLP; Ms. Cynthia M. Fornelli, Executive Director, Center for Audit Quality; Mr. Thomas Quaadman, Vice President, Center for Capital Markets Competitiveness, U.S. Chamber of Commerce; and Mr. Lynn E. Turner, Former Chief Accountant, U.S. Securities and Exchange Commission.

All hearings are webcasted live