Full Committee Hearing

Transparency in Accounting: Proposed Changes to Accounting for Off-Balance Sheet Entities

Date:   Thursday, September 18, 2008 Time:   02:30 PM

Open in New Window

Topic

The witnesses on Panel I will be: Mr. Lawrence Smith, Board Member, Financial Accounting Standards Board (FASB); Mr. John White, Director, Division of Corporation Finance, U.S. Securities and Exchange Commission; and Mr. James Kroeker, Deputy Chief Accountant for Accounting, U.S. Securities and Exchange Commission. The witnesses on Panel II will be: Professor Joseph Mason, Hermann Moyse Jr. Endowed Chair of Banking, E.J. Ourso College of Business, Louisiana State University; Mr. Donald Young, Managing Director, Young and Company LLC, and former FASB Board Member; Ms. Elizabeth Mooney, Analyst, Capital Strategy Research, The Capital Group; and Mr. George Miller, Executive Director, American Securitization Forum.

Witnesses

Witness Panel 1

  1. Mr. James Kroeker
    Deputy Chief Accountant for Accounting
    U.S. Securities and Exchange Commission
  2. Mr. Lawrence Smith
    Board Member
    Financial Accounting Standards Board (FASB)
  3. Mr. John White
    Director, Office of Corporate Finance
    Securities and Exchange Commission

Witness Panel 2

  1. Professor Joseph Mason
    Hermann Moyse Jr. Endowed Chair of Banking, E.J. Ourso College of Business
    Louisiana State University
  2. Mr. George Miller
    Executive Director
    American Securitization Forum
  3. Ms. Elizabeth Mooney
    Analyst
    Capital Strategy Research, The Capital Group
  4. Mr. Donald Young
    Managing Director
    Young and Company LLC, and former FASB Board Member