• ucsantabarbara twitter avatar
    A grant from NEH will allow #UCSB to explore ways to create new post-doctorate options for its humanities students. https://t.co/jX7tsmvQZk
    3 hours 8 min ago
  • ArtsandLectures twitter avatar
    RT @NPCA: Many played a role in establishing our national parks. Here are 4 that you should know about: https://t.co/7zBA8LJWTL #NPS100
    4 hours 27 min ago
  • UCSBgauchos twitter avatar
    Ellie Monobe Joins Macedo's UCSB Swimming Coaching Staff https://t.co/9mdQyGs1sX
    5 hours 17 min ago

UCSB LECTURER TO EXPLAIN COST OF CORPORATE ACCOUNTING FRAUD

Wednesday, January 22, 2003 - 16:00
Santa Barbara, CA

Fraudulent financial reporting by companies such as Enron and WorldCom has cost Americans billions of dollars in recent years.

Donald Loster, a lecturer in UCSB's Department of Economics, will share the lessons of such corporate crime in "Accounting Scandals: What Happened? Is There a Cure?," an Economics Forum lecture sponsored by the UCSB Affiliates Thursday, Jan. 30. The lecture begins at 5:15 p.m. in the Chase Palm Park Recreation Center, 236 East Cabrillo Blvd. in Santa Barbara.

Cost is $5 for Affiliates and Chancellor's Council members and $8 to the general public. Advance registration is required and can be made by calling the UCSB Office of Community Relations at 893-4388.

Loster will use a variety of examples of corporate fraud, including cases that led to the failure of a savings and loan, to the resignation of a U.S. governor, and to the bankruptcy of a nonprofit organization.

A lecturer in accounting at UCSB since 1979, Loster is a licensed Certified Public Accountant. He is the author of the instructors manual for a prominent accounting textbook. He has also written numerous case studies for accounting textbook publishers and is co-author, with Mary Nisbet, assistant dean of the College of Letters and Science, of a case study of the Lincoln Savings case.

Editor's Picks