The chairman of the Public Oversight Board, the voluntary self-regulatory program of the accounting profession, will speak in Denver as part of Colorado State University’s Center for Quality Financial Reporting distinguished speaker series.
Charles Bowsher, former Comptroller General for the U.S. General Accounting Office, will speak during a reception from 4:30-6:30 p.m. April 30 in the Majestic Ballroom at the Adam’s Mark Hotel, 1550 Court Place, downtown Denver. His presentation, "A Historical View – Oversight of the Accounting Profession," is particularly opportune as he will discuss the developments in corporate America in the past six months, the impact on the accounting profession and capitol markets, and reforms that may be forthcoming.
President Reagan appointed Bowsher to a fifteen-year term as Comptroller General of the United States in 1981. He was instrumental in Congress’ passage of the Single Audit Act of 1984, which requires annual audits for state and local governments, and the Chief Financial Officers’ Act of 1990, which requires federal department and agencies to prepare financial statements and undergo annual financial audits. During his term, Bowsher testified before congressional committees over 200 times.
As chairman of the POB, Bowsher testified in March of 2002 before the U.S. Senate Banking Committee concerning the importance of a new regulatory structure for the accounting profession. He was also recently appointed to the oversight and restructuring committee for Arthur Andersen by former Federal Reserve Chairman Paul Volcker.
From 1967 to 1971, Bowsher was the Assistant Secretary of the Navy for financial management. He has also served as a member of the trustees for the Financial Accounting Standards Board and was inducted into the Accounting Hall of Fame in 1996.
Gelfond Hochstadt Pangburn, PC and the Center for Quality Financial Reporting in the College of Business at Colorado State are sponsoring the presentation. GHP is a full service accounting and consulting firm based in Denver.
"Charles Bowsher has been perhaps the most widely recognized member of the accounting profession during the past 20 years," said Lynn Turner, director of the Center for Quality Financial Reporting. "As one of the nation’s foremost experts in the industry, we are fortunate to have him share his experiences with students and faculty at Colorado State and the accounting profession in Colorado."
Bowsher’s appearance is the second in the center’s distinguished speaker series. The Center for Quality Financial Reporting at Colorado State focuses on education, seminars, research and policy development in financial reporting.
Refreshments will be served beginning at 4:30 p.m. Reservations are required. For more information and to make reservations, contact Heather Nordstrom at 303-831-5024 or HNordstrom@GHPCPA.com.