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Accounting Research Conference Brings Top Accounting Experts To Smeal

Leading accounting experts from around the country will gather at Penn State's Smeal College of Business on May 2 and 3 for the Department of Accounting's fourth annual Accounting Research Conference, sponsored by LSV Asset Management.

UNIVERSITY PARK, PA (April 29, 2008) – Leading accounting experts from around the country will gather at Penn State's Smeal College of Business on May 2 and 3 for the Department of Accounting's fourth annual Accounting Research Conference, sponsored by LSV Asset Management.

The conference will feature five 75-minutes presentations by top accounting academics on their latest research topics and will close with a panel discussion on "Detection of Fraud and Irregularities." The agenda also includes meals, networking receptions, and recreational activities.

The research presentations begin at 1 p.m. on May 2 following lunch in Smeal's Business Building. Day one will take place in 112 Forest Resources Building and day two will be held in 113 IST Building.

The presenters and topics are:

•  Michelle Liu, Penn State's Smeal College of Business, "Accounting Irregularities and Executive Turnover in             Founder Managed Firms"
•  Charles Lee, Barclays Global Investors, "Tunneling in China: The Remarkable Case of Inter‐Corporate                     Loans"
•   Daniel Beneish, Indiana University, "Identifying Overvalued Equity"
•  Patricia Dechow, University of California at Berkeley, "Predicting Material Accounting Manipulations                     Accounting"
•  Reuven Lehavy, University of Michigan, "Earnings Announcement Returns of Past Stock Market Winners"

The panel discussion participants are Christopher Cornett of Credit Suisse, Steven Skalak of PricewaterhouseCoopers, and Jack Zwingli of Audit Integrity.

Complete lists of all participants and activities are available online at www.smeal.psu.edu/acctg/research/arc.html.

(c) Pennsylvania State University 2008
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