Harvey Pitt to address ICAEW

Harvey Pitt to address ICAEW

The embattled chairman of the SEC chief Harvey Pitt, is set to address the ICAEW this autumn to examine the challenges global companies face in a single European capital market.

The White House’s chief enforcer Pitt, who is at the centre of efforts to clean up corporate America, has faced a tumultuous year following the collapse of Enron, Andersen, the ongoing accounting scandal at WorldCom and a myriad other companies with dubious accounting practices.

Pitt will be joined by other leading figures in the accounting and financial services industries, government and regulators, such as Sir David Tweedie, IASB chairman, Mary Keegan, ASB chairwoman, Frits Bolkenstein, European internal market commissioner, and competition minister Melanie Johnson.

It is hoped Pitt will bring some wisdom for global companies trading in a single capital market in Europe.

Peter Wyman, ICAEW president, said: ‘The conference brings together the most important players on the world stage to discuss how the accountancy profession and global capital markets can respond to the challenges created by Enron and WorldCom.’

The ICAEW conference will take place in Brussels on 9 and 10 October 2002.

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