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Risk management, cybersecurity and financial control

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Book Launch

A book of articles celebrating the contribution of Professor Michael Bromwich to accounting thought and academic accounting literature, Contemporary Issues in Management Accounting| (edited by Dr Alnoor Bhimani of LSE and published 6 April), was presented to Professor Bromwich in a surprise ceremony at the 27th annual Management Accounting Research Group (MARG) Conference at LSE.

The book, with contributions from renowned UK, European, Australian and US academics, is a collection of 18 chapters encompassing emerging and evolving perspectives in many areas of Management Accounting, reflecting the academic interests and traditions in which Michael Bromwich has made his mark. 

An eminent researcher and respected teacher, Professor Bromwich has been with the School since 1985. He is a past president of the Chartered Institute of Management Accountants (CIMA) and has acted as an advisor to the Competition Commission. His latest book, co-authored with George Benston, Robert E Litan and Alfred Wagenhofer, Worldwide Financial Reporting: the development and future of accounting standards|, was published recently. [updated 6 April 06]


Worldwide speakers will focus on the issues of risk management, cybersecurity and financial control at a one day conference at LSE on Thursday 6 April.

The School is hosting the 27th Management Accounting Research Group (MARG) annual conference. The conference will turn the spotlight on management accounting and its interdependence with corporate control concerns, risk management priorities, and security technology and computer assurances.

Speaker Professor Larry Gordon, University of Maryland, a leading accounting scholar, will explain the concepts of cybersecurity, outline tools for reducing cybersecurity risks, and examine relationships between cybersecurity, risk management and firm value.

Professor Mike Power, LSE, will then look at operational and reputational risk management; Richard Sharman, KPMG, will offer an industry view of risk; and Professor John Shank, Tuck School of Business, will consider the use of strategic cost management in risk assessment under the Sarbanes-Oxley Act.

The conference will conclude with the CIMA-sponsored Distinguished Practitioner Lecture - a presentation on strategic risk by Bill Connell, former group director of risk management at BOC and chair of the International Federation of Accountants' (IFAC) Professional Accountants in Business Committee that is charged with the development of management accounting world-wide.

MARG is sponsored by the Department of Accounting and Finance at LSE, the Chartered Institute of Management Accountants (CIMA) and the Institute of Chartered Accountants in England and Wales (ICAEW).


Journalists who would like to attend MARG should contact Mary Comben to reserve a place. Email: m.comben@lse.ac.uk| or tel 020 7955 7736.

31 March 2006 [updated 6 April 2006]