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Additional Materials for Proposed Rule:
Public Testimony Regarding Auditor Independence and the SEC’s Proposal

[Release Nos. 33-7870; 34-42994; 35-27193; IC-24549; IA-1884; File No. S7-13-00]

Webmaster's Note:  Electronic copies of the speakers' remarks were not available for posting to the website in all cases. However, transcripts of the sessions are available.


  *  Presented September 21, 2000
  *  Presented September 20, 2000
  *  Presented September 13, 2000
  *  Presented July 26, 2000

Testimony Presented on September 21, 2000

Panel 1

  • Testimony of Robert K. Elliott, Chairman; Barry Melancon, President and Chief Executive Officer of the AICPA; Chairman of the PCPS Executive Committee; Harold L. Monk, Jr., Gordon A. Viere, Chairman of the Practice Group B Advisory Committee

  • Testimony of Stephen G. Butler, Chairman KPMG LLP

Panel 2

  • Testimony of Jack Maurice, Member of the Ethics Working Party, European Federation of Accountants (FEE) (File name: maurice1.pdf) [note: 3 MB]

  • Testimony of Abraham J. Briloff, Professor Emeritus, Baruch College (File name: briloff1.pdf)

  • Testimony of Don N. Kleinmuntz, Professor of Business Administration, College of Commerce and Business Administration, University of Illinois at Urbana-Champaign (File name: kleinmu1.htm)

  • Testimony of Urton Anderson, Clark W. Thompson Jr. Professor of Accounting Education, McCombs School of Business, University of Texas at Austin (File name: anderso1.htm)

Testimony Presented on September 20, 2000

Morning Session

Panel 1

Panel 2

Panel 3

Panel 4

Panel 5

Panel 6

  • Testimony of Mauricio Kohn, Principal, Kohn Financial Consulting, Representing Association for Investment Management and Research (File name: kohn1.htm)

  • Testimony of Thomas M. Rowland, Senior Vice President, Fund Business Management Group, Capital Research and Management Company (File name: rowland1.htm)

Afternoon Session

Panel 1

Panel 2

  • Testimony of John J. Costello, Senior Director of Litigation, Gursey, Schneider & Co., LLP

  • Testimony of Stuart M. Grant, Director, Grant & Eisenhofer, P.A. (File name: grant1.htm)

Panel 3

Panel 4

  • Testimony of Joseph F. Berardino, Managing Partner, North America Assurance and Business Advisory Practice, Arthur Andersen, LLP (File name: berardi3.htm)

  • Testimony of James E. Copeland, Jr., Chief Executive Officer, Deloitte & Touche, LLP (File name: copela1.htm)

Panel 5

  • Testimony of Harvey Golub, Chairman and Chief Executive Officer, American Express Company (File name: golub1.htm)

Panel 6

Panel 7

  • Testimony of Roderick M. Hills, Founder and Partner, Hills & Stern

  • Testimony of Charles C. Cox, Senior Vice President, Lexecon Inc. (File name: cox1.htm)

Panel 8

  • Testimony of Philip D. Ameen, Chair, Committee on Corporate Reporting; Philip B. Livingston, President and Chief Executive Officer; and Roger W. Trupin, FEI-CCR SEC Subcommittee Chair, Financial Executive Institute (File name: ameen1.htm)

  • Testimony of Paul Koren, Partner, Goldstein, Golub & Kessler (File name: koren1.htm)

Panel 9

Testimony Presented on September 13, 2000

Morning Session

Panel 1

Panel 2

Panel 3

Panel 4

  • Testimony of Kayla J. Gillan, General Counsel, California Public Employees' Retirement System

  • Testimony of Alan P. Cleveland, Special Legal Counsel, New Hampshire Retirement System (File name: clevela1.htm)

  • Testimony of Ralph Whitworth, Managing Member, Relational Investors, LLC (File name: whitwor1.htm)

Panel 5

  • Testimony of Nancy Newman-Limata, president-elect of the New York State Society of Certified Public Accountants; Jo Ann Golden, vice-president of the Society; William Stocker, chair of the Society's Auditing Standards and Procedures Committee; Robert Waxman, chair of the Society's SEC Practice Committee; and Allen Fetterman, chair of the Professional Ethics Committee (File name: golden1.htm)

  • Testimony of Dennis Paul Spackman, Chairman, (File name: spackm1a.htm)

  • Testimony of David Costello, President and Chief Executive Officer, National Association of State Boards of Accountancy (File name: costell1.htm)

  • Testimony of William G. Bishop, III, President,Institute of Internal Auditors (File name: bishop1.htm)

  • Testimony of Jacqueline K. Wagner, General Auditor, General Motors Corporation [Representing Institute of Internal Auditors]

Afternoon Session

Panel 1

Panel 2

Panel 3

Panel 4

Panel 5

Panel 6

Panel 7

Panel 8

Panel 9

Testimony Presented on July 26, 2000

Session One

Session Two

  • Testimony of J. Michael Cook, former Chairman and CEO, Deloitte & Touche, Greenwich, Conn., July 26, 2000 (File name: cook1.htm)

Session Three

  • Testimony of Professor Rick Antle, Professor of Accounting and Associate Dean, Yale School of Management, New Haven, Conn., July 26, 2000 (File name: antle1.ppt) (Note:  this is a MS PowerPoint file)

  • Testimony of Professor John C. Coffee, Jr., Adolf A. Berle Professor of Law, Columbia University Law School, New York, N.Y., July 26, 2000 (File name: coffee1.htm)

  • Testimony of Professor Paul B.W. Miller, Professor of Accounting, University of Colorado at Colorado Springs, July 26, 2000 (File name: miller1.htm) Addendum to Testimony of Professor Miller, July 31, 2000 (File name: miller2.htm)

Session Four

  • Testimony of John H. Biggs, Chairman and Chief Executive Officer, TIAA-CREF, July 26, 2000 (File name: biggs1.htm)

  • Testimony of Ray J. Groves, former Chairman and CEO, Ernst & Young, New York, N.Y., July 26, 2000 (File name: groves1.htm)

Session Five

  • Testimony of Joseph F. Berardino, Managing Partner for Assurance and Business Advisory Services for North America, Arthur Andersen LLP, July 26, 2000 (File names: berardi1.htm - summary of intended testimony; berardi2.htm - testimony)

  • Testimony of Robert R. Garland, National Managing Partner, Assurance & Advisory Services, Deloitte & Touche LLP, July 26, 2000 (File names: garland1.htm- summary of intended testimony; garland2.htm - testimony)

  • Testimony of J. Terry Strange, Global Managing Partner of Audit, KPMG LLP, July 26, 2000 (File names: kpmg1.htm - summary of testimony for KPMG; strange1.htm - testimony by Strange )

Session Six

  • Testimony of Jack Ciesielski, R.G. Associates, Inc. and Publisher, The Analyst's Accounting Observer, July 26, 2000 (File name: ciesiel1.htm)

Session Seven

Session Eight

  • Testimony of Professor George Loewenstein, Professor of Economics and Psychology, Carnegie Mellon University, Pittsburgh, Pa., July 26, 2000 (File names: loewen1a.htm; bazloew1.pdf; loewen1c.pdf)

  • Testimony of Professor Max Bazerman; Gerber Professor-Kellogg, Graduate School of Managment, Northwestern University; Marvin Fellow-Harvard Business School, July 26, 2000 (File names: bazerm1.htm; bazloew1.pdf)

  • Testimony of Professor Douglas R. Carmichael, Professor of Accounting, Bernard M. Baruch College, City University of New York and former Vice-President, AICPA, July 26, 2000 (File name: carmich1.htm)

  • Testimony of Professor Curtis C. Verschoor, Research Professor, DePaul University, July 26, 2000 (File name: verscho1.htm)

Session Nine

Note: Some of these documents are in PDF format.

http://www.sec.gov/rules/proposed/s71300t.shtml


Modified: 12/05/2000