0) Call to Order

President Golden called the meeting to order at 10:08 a.m.

1) Approval of
New Trustees

President Golden asked for a motion to approve Messrs Jeffrey M. Rosenbaum, of Urbach Kahn & Werlin, LLP, and Franco Strangis, of Carrier Corporation, as new Trustees for the current year. Ms. Fierstein moved and Mr. Hoops seconded a motion to approve the nominations pending the nominees’ acceptance. The motion was unanimously approved.

2) Other Matters

a. Industry Curriculum

Pending his acceptance as a Trustee, President Golden appointed Mr. Strangis to work with Ms. Fierstein on the industry curriculum.

b. School Boards Presentation –

Ms. Golden notified the Trustees that Past President George Fondotos and Vincent Cullen of the NYSSCPA Public Schools Committee have agreed to work on the developing the presentation for the School Boards.

c. Sarbanes-Oxley Project

President Golden informed the Trustees that because of her recent involvement with this issue she will spearhead the project. In addition, President Golden said that Steven Rubin has volunteered his assistance on the project.

3) Future Meeting

The Trustees scheduled their next meeting for Wednesday, August 20, 2003, beginning at 12:00 p.m. at the NYSSCPA offices.

4) Adjournment

Having no further business, the meeting adjourned at 10:12 a.m.