CEASA in the News
Dueling missions. CFO, Magazine for Senior Financial Executives, by Lori Calabro
Dec 1, 2003Watch out FASB: there's a new accounting cleanup crew. In October, Columbia Business School launched the Center for Excellence in Accounting and Security Analysis (CEASA) with seed money from IBM, the GE Foundation, and Morgan Stanley. According to Stephen Penman, professor of accounting at Columbia and co-director of the center (along with Trevor Harris, a managing director at Morgan Stanley), the think tank will bring together academics, finance executives, and others to develop "independent policy research" on some of today's most pressing accounting issues. Entire Article
Arthur Levitt to Chair Academic "Think Tank"
Oct 17, 2003Morgan Stanley, IBM Corp. and General Electric Co.'s GE Foundation will join forces and resources with Columbia University's business school to create an academic think tank to take the lead in improving accounting standards and stock research. Entire Article
3 Companies Finance Accounting Think Tank - Reuters
Oct 7, 2003Three of the country's largest companies are funding an academic center to improve standards for accounting and stock research, hot button issues that have dogged all of corporate America. Columbia University's business school launched the center with grants from investment bank Morgan Stanley , IBM Corp. and General Electric Co.'s GE Foundation. The Center for Excellence in Accounting and Security Analysis, being chaired by former U.S. Securities and Exchange Commission Chairman Arthur Levitt, will examine some of the same corporate governance and accounting concerns that GE, IBM and Morgan Stanley themselves have been touched by. Entire Article