Roman L. Weil, PHD, CMA, CPA, is V. Duane Rath Professor of Accounting at the Graduate School of Business of the University of Chicago. He received his BA in Economics and Mathematics from Yale University in 1962. He received his BA in Economics and Mathematics from Yale University in 1962. He received his MS in Industrial Administration in 1965 and his PHD in Economics in 1966, both from Carnegie-Mellon University. He joined the faculty at the University of Chicago in 1965, where he has held positions in Mathematical Economics, Management and Information Sciences, Accounting, and in the law School. He cofounded and now codirects the Chicago/Stanford/Wharton Directors' Consortium, which trains corporate board member to do their jobs better; his own specialty in that training focuses on financial literacy of audit committees. He has been a CPA in Illinois since 1973 and a CMA since 1974. He has served on the faculties of the Georgia University in its Graduate School of Business, Economics Department, and Law School. At Stanford, he has, since its inception, organized the sessions at Directors' College on Audit Committee duties. He has served on the Board of Academic Advisors of the U.S. Business School in Prague and has taught there. He has served on the accrediting committee of the American Association of Collegiate Schools of Business.
He has served as editor or associate editor of
The Accounting Review,
Communications of the Association for Computing Machinery,
Management Science,
Journal of Accounting and Economics, and the
Financial Analysts Journal.
He has coedited four professional reference books for McGraw-Hill, Simon & Schuster, Prentice Hall, and John Wiley & Sons. He has coauthored a dozen text-books for Holt, Rinehart and Winston, The Dryden Press, Harcourt Brace Jovanovich, and Thomson-Southwestern. His articles have appeared in Barron's and the
Wall Street Journal. He has published over 80 articles in academic and professional journals. He has served as the principal investigator on various research projects of the National Science Foundation.
He served on the Securities and Exchange Commission Advisory Committee on Replacement Cost Accounting. At the Financial Accounting Standards Board, he has served on two task forces-one on consolidations and the other on interest methods-and on the Financial Accounting Standards Advisory Council. He is a founding member of the Independent Directors' Council of the Investment Company Institute. He is a member of the American Accounting Association, the American Economics Association, the American Institute of Certified Public Accountants (AICPA), the American Law and Economics Association, the American Economics Association, the American Institute of Certified Public Accountants (AICPA), the American Law and Economics Association, the Illinois Society of Certified Public Accountants, and the Institute of Management Sciences.
Mr. Weil has consulted to governmental agencies, including the U.S. Treasury Department and the Securities and Exchange Commission. He has testified as expert witness or consultant in a variety of litigation matters involving accounting principles, business valuation, damages estimation, regulatory issues, and taxes.
Peter B. Frank recently retired as executive vice president of Daymon Worldwide Inc., in Stamford Connecticut, which he joined after retiring from PricewaterhouseCoopers LLP, PwC. As a partner in PwC, he served as a member of global leadership and as its Global Risk Management Partner. Prior to the Merger with Coopers & Lybrand, Mr. Frank was a Vice Chairman of Price Waterhouse. Mr. Frank spent the bulk of his professional career leading the Price Waterhouse dispute analysis, bankruptcy, and business turnaround practice. He served on that firm' Policy Board (Board of Directors) and its Management Committee. For more than 30 years, Mr. Frank acted as a management consultant