Witnesses: James G. Castellano, Chmn. of the Board, Amer. Institute of Certified Public Accountants; Robert K. Herdman, Chief Accountant, U.S. Securities & Exchange Commission (SEC); Grace L. Hinchman, Sr. V.P. for Public Affairs, Financial Executives International; Edmund L. Jenkins, Chmn., Financial Accounting Standards Board; & Thomas J. Linsmeier, Assoc. Prof. of Accounting & Information Systems, Eli Broad College of Business, Michigan State Univ. Material submitted for the record by: Edward J. Markey, a Representative in Congress from the State of Mass., letter dated March 7, 2002, to Robert K. Herdman.Are Current Financial Accounting Standards Protecting Investors: Hearing Before the Committee on Energy and Commerce, U.S. House of Representatives, with ISBN 9780756732776 and ISBN 0756732778.