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Robert Herz, Chairman of the Financial Accounting Standards Board to Address Regulation and the Financial Markets at National Press Club Luncheon

Posted on: Tuesday, 2 June 2009, 13:43 CDT

WASHINGTON, June 2 /PRNewswire-USNewswire/ -- Robert Herz, chairman of the influential Financial Accounting Standards Board (FASB) will address regulatory reform in the financial markets at a National Press Club luncheon on Friday, June 26.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080917/NPCLOGO)

FASB's primary purpose is to develop generally accepted accounting principles and thus has tremendous influence over the entire United States corporate sector.

Herz had headed FASB since 2002 and was re-appointed to a second term in 2007. His opinions and observations weigh heavily in any discussion of market regulation. FASB works to insure the public's interest is protected by making sure private sector companies adhere to the same set of accounting and financial reporting principles. A certified public accountant, Mr. Herz worked at Price Waterhouse and Price Waterhouse Coopers before joining FASB.

The National Press Club luncheon will begin promptly at 12:30 p.m. Herz's remarks will begin at 1:00 p.m., followed by a question-and-answer session. Advance reservations should be made by telephoning (202) 662-7501. Cost of the luncheon is $16 for National Press Club members, $28 for guests of members, and $35 general admission.

The National Press Club is located at 14th and F. Streets, NW, one block west of MetroCenter. More information about the Club and its programs is found on its Internet website: www.press.org.

SOURCE National Press Club

Source: PR Newswire

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