Press Release


November 7, 2000

ALBUQUERQUE On Thursday, November 16 The Anderson Schools of Management is hosting a special guest speaker with expertise in Financial Accounting Standard 133 the ruling that dramatically changes the accounting rules for derivatives.

Stanley Friedman, PricewaterhouseCoopers partner, and Chairman and CEO of will give a public talk at 5:30 p.m. in the Anderson Schools of Management Building in Room 1017. He will discuss FAS 133, its implications for businesses, and how it led to the creation of, a PricewaterhouseCoopers subsidiary. A public reception in the Ford Motor Company Planning & Placement Center will follow the talk from 6:45 7:30 p.m.

The Wall Street Journal writes: "FAS 133 guidelines require that your business report all derivatives at fair market value and determine hedge effectiveness - a massive undertaking. Where will you turn for help? (TM), a joint venture between PricewaterhouseCoopers and Gifford Fong Associates, is dedicated to making a difficult compliance and reporting process easierm saving you and your company valuable time and effort. Simply log onto and see what we can do for you." Wall Street Journal, October 31, 2000, p. B17.

In addition to supervising the Internet startup, Friedman is also Chairman and CEO of Applied Decision Analysis, a wholly owned subsidary of PricewaterhouseCoopers. During his 27 years with PricewaterhouseCoopers, Mr. Friedman's responsibilities have ranged from engagement partner to managing partner of the Arizona and Nevada practice offices. He received his B.A. from California State University, Northridge, and his M.B.A. from Pepperdine University.

For more information on this public lecture, please contact The Anderson Schools of Management at 277-6264.


The Anderson School of Management at the University of New Mexico is dedicated to excellence in professional management education. At the Anderson School, faculty, staff, and students are committed to shaping the intellect and character of the next generation of business leaders, advancing the knowledge and practice of management, promoting economic development, and building a vibrant intellectual community that serves the highest and best interests of all our stakeholders.

The School was founded in 1947 and now offers more than a dozen concentrations at the BBA and MBA levels and is accredited by the Association to Advance Collegiate Schools of Business in the top 20% of business schools in the nation. The School is funded by the State of New Mexico and further support is generated by The Anderson School of Management Foundation. For more information, the public can visit, email, or call (505) 277-6471.