| 2005 Summer Seminar |
—Don Krause, M.A.
Course Description:
The Sarbanes-Oxley Act is being called the most sweeping regulatory change—read: biggest power grab—at the Federal level since the Securities Act of 1933, in terms of its impact on the fundamental ways that all business must operate in the United States. Overnight, the Act changed the accounting profession in the United States from a self-regulated industry to a conscription army in the service of collectivism. Learn how the Act has created a new and pervasive fear in the American business community, further eroding the incentive to innovate, to operate effectively, and, most perversely, to tell the truth.
Don Krause is the Senior Manager for Financial Control Systems at US Cellular, a wireless services provider headquartered in Chicago. Don is a CPA and holds a Master's degree in Finance from Northwestern University's Kellogg School of Management. Over the past 20 years, Don has developed internal control systems and processes for McDonald's Corporation, Motorola, and United Airlines, and has been a leader in finance and accounting at US Cellular since 1996. The Sarbanes-Oxley Act converted Don into a government enforcer.
Schedule: Monday, 2:15-3:30 PM
Track: Political/Cultural Commentary