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UAlbany Students Explore Lessons Learned from Nation's Financial Crisis

Contact(s):  Catherine Herman (518) 956-8150



Ingrid Fisher, School of Business

School of Business Professor Ingrid Fisher and 10 of her students will present results of their research into industry risks relevant to the health of major companies. (Photo Mark Schmidt)

ALBANY, N.Y. (October 6, 2009) -- In the recent financial crisis, investors once again pointed fingers at auditors' failure to warn the public of imminent collapse of major companies. An "expectations gap" exists between external auditors understanding of their roles and responsibilities and what the general public demands of them. UAlbany Business School Professor Ingrid Fisher and 10 of her students will present results of their research into industry risks relevant to the health of major companies during a presentation at noon in the Atmospheric Sciences Building Room 13 at UAlbany Community Day, October 10.

Fisher's presentation, "The Auditor-Investor Expectation Gap," will be open to the public.

Fisher's talk is just one of the many activities at UAlbany Community Day, designed to showcase the University's academic and cultural strengths.  The Day which runs from 8:30 a.m. to 3 p.m. will boast faculty presentations on topics ranging from the historical significance of the Battle of Saratoga to nanotechnology; interactive student step dancing and belly dancing demonstrations; a farmer's market; bomb-sniffing dog and sheepherding exhibitions; and a faculty meet and greet.

UAlbany Community Day is part of the University's Homecoming/Family and Reunion Weekend, which features an alumni luncheon honoring activist Harvey Milk, 51, a speech by former Secretary of State Colin Powell, and a lecture by Nobel Prize-winning economist Paul Krugman.

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