Spring 2008 issue of Terry Magazine - (Page 27) An unlikely Saying that Denny Beresford is an accountant is like saying that Bono is a musician. Just ask Terry students, who marvel at the fact that they’re learning the ins and outs of the profession from a former FASB chairman who helped fix the corporate turmoil at MCI-World Com and Fannie Mae This is the story of an unlikely rock star. A front man at the center of a controversy so heated that it not only caused Silicon Valley to march in protest, but also prompted the federal government to consider shutting down the Financial Accounting Standards Board. A straight-talking, populist kind of guy who a captain of industry once threatened to toss from a private jet at 38,000 feet because he wouldn’t back down. A risk-taker who waded in to help fix the corporate turmoil at MCI-WorldCom and Fannie Mae and emerged with his reputation not just intact, but enhanced — to the point that, at age 69, his name is now a brand, a symbol of integrity with which Fortune 500 companies seek to align themselves. But what makes former FASB chairman Denny Beresford such an unlikely rock star — in both corporate boardrooms and the academic world — is that the bespectacled Ernst & Young Executive Professor of Accounting acts nothing like the part. Misperception, exaggeration, and understatement — those three words summarize the fallout of the New Economy of the Go-Go 90s. It was an era when eyeballs and web hits took precedence over profits and as a result, t downplayed the potency of the balance sheet and reinforced the t stereotype of accountants as a bunch of introverted h W scorekeepers lacking imagination, compasa os ld J sion, and flexibility. ma n, A B ’96 Phot o by W e is s M By a
Table of Contents Feed for the Digital Edition of Terry School of Business - Spring 2008 Terry School of Business - Spring 2008 Contents Quick Bites Research & Innovation Gatherings Best CEO in America An Unlikely Rock Star Fire & Flavor Beyond the Bench Terry Memo Economic Scorekeeper Class Notes Terry School of Business - Spring 2008 Terry School of Business - Spring 2008 - Terry School of Business - Spring 2008 (Page 1) Terry School of Business - Spring 2008 - Terry School of Business - Spring 2008 (Page 2) Terry School of Business - Spring 2008 - Terry School of Business - Spring 2008 (Page 3) Terry School of Business - Spring 2008 - Terry School of Business - Spring 2008 (Page 4) Terry School of Business - Spring 2008 - Terry School of Business - Spring 2008 (Page 5) Terry School of Business - Spring 2008 - Terry School of Business - Spring 2008 (Page 6) Terry School of Business - Spring 2008 - Contents (Page 7) Terry School of Business - Spring 2008 - Contents (Page 8) Terry School of Business - Spring 2008 - Quick Bites (Page 9) Terry School of Business - Spring 2008 - Quick Bites (Page 10) Terry School of Business - Spring 2008 - Quick Bites (Page 11) Terry School of Business - Spring 2008 - Quick Bites (Page 12) Terry School of Business - Spring 2008 - Quick Bites (Page 13) Terry School of Business - Spring 2008 - Research & Innovation (Page 14) Terry School of Business - Spring 2008 - Research & Innovation (Page 15) Terry School of Business - Spring 2008 - Gatherings (Page 16) Terry School of Business - Spring 2008 - Gatherings (Page 17) Terry School of Business - Spring 2008 - Best CEO in America (Page 18) Terry School of Business - Spring 2008 - Best CEO in America (Page 19) Terry School of Business - Spring 2008 - Best CEO in America (Page 20) Terry School of Business - Spring 2008 - Best CEO in America (Page 21) Terry School of Business - Spring 2008 - Best CEO in America (Page 22) Terry School of Business - Spring 2008 - Best CEO in America (Page 23) Terry School of Business - Spring 2008 - Best CEO in America (Page 24) Terry School of Business - Spring 2008 - Best CEO in America (Page 25) Terry School of Business - Spring 2008 - An Unlikely Rock Star (Page 26) Terry School of Business - Spring 2008 - An Unlikely Rock Star (Page 27) Terry School of Business - Spring 2008 - An Unlikely Rock Star (Page 28) Terry School of Business - Spring 2008 - An Unlikely Rock Star (Page 29) Terry School of Business - Spring 2008 - An Unlikely Rock Star (Page 30) Terry School of Business - Spring 2008 - An Unlikely Rock Star (Page 31) Terry School of Business - Spring 2008 - Fire & Flavor (Page 32) Terry School of Business - Spring 2008 - Fire & Flavor (Page 33) Terry School of Business - Spring 2008 - Fire & Flavor (Page 34) Terry School of Business - Spring 2008 - Fire & Flavor (Page 35) Terry School of Business - Spring 2008 - Fire & Flavor (Page 36) Terry School of Business - Spring 2008 - Fire & Flavor (Page 37) Terry School of Business - Spring 2008 - Terry Memo (Page 38) Terry School of Business - Spring 2008 - Terry Memo (Page 39) Terry School of Business - Spring 2008 - Terry Memo (Page 40) Terry School of Business - Spring 2008 - Terry Memo (Page 41) Terry School of Business - Spring 2008 - Terry Memo (Page 42) Terry School of Business - Spring 2008 - Terry Memo (Page 43) Terry School of Business - Spring 2008 - Economic Scorekeeper (Page 44) Terry School of Business - Spring 2008 - Economic Scorekeeper (Page 45) Terry School of Business - Spring 2008 - Economic Scorekeeper (Page 46) Terry School of Business - Spring 2008 - Economic Scorekeeper (Page 47) Terry School of Business - Spring 2008 - Economic Scorekeeper (Page 48) Terry School of Business - Spring 2008 - Economic Scorekeeper (Page 49) Terry School of Business - Spring 2008 - Economic Scorekeeper (Page 50) Terry School of Business - Spring 2008 - Economic Scorekeeper (Page 51) Terry School of Business - Spring 2008 - Economic Scorekeeper (Page 52) Terry School of Business - Spring 2008 - Economic Scorekeeper (Page 53) Terry School of Business - Spring 2008 - Class Notes (Page 54) Terry School of Business - Spring 2008 - Class Notes (Page 55) Terry School of Business - Spring 2008 - Class Notes (Page 56) Terry School of Business - Spring 2008 - Class Notes (Page 57) Terry School of Business - Spring 2008 - Class Notes (Page 58) Terry School of Business - Spring 2008 - Class Notes (Page 59) Terry School of Business - Spring 2008 - Class Notes (Page 60) Terry School of Business - Spring 2008 - Class Notes (Page 61) Terry School of Business - Spring 2008 - Class Notes (Page 62) Terry School of Business - Spring 2008 - Class Notes (Page 63) Terry School of Business - Spring 2008 - Class Notes (Page 64)
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