National Press Foundation Presents 'Uncovering The Next Enron: Fact and Fiction in Financial Reporting'

6/3/2002

From: National Press Foundation, 202-663-7297

News Advisory:

WHAT: "UNCOVERING THE NEXT ENRON: Fact and Fiction in Financial Reporting"

WHO: Bethany McLean, Fortune Magazine, David S. Hilzenrath, Washington Post, and Howard Schilit, C.P.A., president of Center for Financial Research & Analysis, Inc.

WHEN: Monday, June 10, 9 a.m. - Noon

WHERE: National Press Foundation 1211 Connecticut Avenue, N.W., Suite 310 Washington, D.C.

No Cost, but Limited Seating

If you were in the dark about Enron until it became Wall Street's Titanic, you were not alone. Enron's dramatic fall, among others, caught many news organizations off guard and left reporters and editors wondering how they might avoid being snookered in the future.

This half-day seminar, which will focus on spotting potential problems in financial reports and provide plenty of time for Q&A, is designed to help.

Bethany McLean, credited with flagging Enron's high-flying stock as headed for a fall months before its collapse, will explain what clued her in. David Hilzenrath, who dissected accounting methods used by dot.coms such as MicroStrategy and is tracking developments involving Enron, Andersen and the accounting industry, will offer tips on uncovering hidden truths in financial reports. Howard Schilit, a financial veteran who has trained many journalists to critically evaluate a company's health, will provide a roadmap for finding accounting gimmicks in company financials.

THERE IS NO FEE, BUT SEATING IS LIMITED TO 20 PEOPLE.

You must make a reservation if you wish to attend by emailing us at npf@nationalpress.org, or calling 202-663-7297. Give your name, organization and a contact number. The National Press Foundation office is on Connecticut about two blocks north of the Mayflower Hotel.

This program should be a sell-out, so call now to reserve a spot.

The National Press Foundation is an independent non-profit organization offering professional development programs for journalists since 1975. This on-the-record briefing is underwritten by the David Swit Endowment, honoring the late founder of the Washington Business Information, Inc., publisher of business newsletters.