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KNOXVILLE — Joe Carcello, professor at the University of Tennessee, Knoxville, will speak on the financial market implosion and its implications at Tech 2020’s monthly council meeting on April 29. He also will discuss recent changes in the accounting rules by the Financial Accounting Standards Board that caused stocks to rise across the board earlier this month.

Joseph Carcello
Joseph Carcello
His talk, “Making Sense of the Financial Crisis,” will be from 11:30 a.m. to 1 p.m. at 1020 Commerce Park Drive. The event is sponsored by UT’s Professional MBA program and co-hosted by the Innovation Valley Technology Council and the East Tennessee Economic Council.

Cost for the meeting is $15; $10 for students. To RSVP call (865) 220-1708 by noon on Monday, April 27.

Tech 2020 is a public-private partnership, leveraging East Tennessee’s technology resources to encourage entrepreneurship and access to capital, grow new technology companies and support our technology community.

Carcello is UT’s Ernst & Young Professor of Accounting and co-founder of and director of research at the UT Corporate Governance Center.

He received Beta Alpha Psi’s Business Professional of the Year award in 2008. He was named by Business Finance magazine as one of the “most influential” individuals in accounting and finance for 2004, 2005, 2006 and 2007, being the only academic to be named to this group for four consecutive years.

Carcello serves on the Public Company Accounting Oversight Board’s Standing Advisory Group, a group of experts charged with advising the PCAOB on the promulgation of auditing and related professional practice standards.

He was named by Business Week as a “prominent faculty” in its 2006 ranking of undergraduate business programs, and has testified before a United States Treasury Department committee on the future of the auditing profession.

For more about the event, see


Amy Blakely (865-974-5034,