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Nancy Newman-Limata Elected NYSSCPA President

FOR IMMEDIATE RELEASE

CONTACT:
Lois Whitehead
Public Relations Manager
(212) 719-8405
lwhitehead@NYSSCPA.org

NEW YORK, NY, May 8, 2001 - At the Annual Election and Dinner Meeting of the New York State Society of Certified Public Accountants (NYSSCPA) held today at the Roosevelt Hotel in New York City, Nancy Newman-Limata, CPA of Ridgefield, Connecticut, a partner in the National Risk & Quality function of PricewaterhouseCoopers LLP, was elected President for 2001-2002. As Risk Management and Assurance Policy Partner, her responsibilities include consultation on general risk management issues as well as auditing and reporting issues. She is additionally designated as a firm specialist for prospective financial information and previously served as an Independence Partner for PwC.

Ms. Newman-Limata started her public accounting career with Deloitte & Touche LLP with client service responsibilities focused exclusively on clients in the banking and insurance industries. She also worked at the Equitable Life Assurance Society and the Chase Manhattan Bank before returning to work in Deloitte & Touche's National Office.

She is a council member of the American Institute of Certified Public Accountants and has been an editorial advisor to their publication, Journal of Accountancy.

Newman-Limata has been a member of the NYSSCPA since 1984 and has served as President-Elect, Vice President of the Board of Directors, Chair of the Chapter Relations Committee, and as a member of the Executive Committee and Finance Committees, and the Foundation of Accounting Education's Board of Trustees. Her prior NYSSCPA committee service has included chair of Cooperation with Financial Media, Financing and Leasing Companies, and Advancement of Women in the Accounting Profession Committees. She has been a member of the Banking, Annual Conference, Auditing Standards and Procedures, and Membership Task Force Committees, as well as the General Committee on Accounting and Auditing, General Committee on Public Relations, and Advisory Committee on Appointments.

NANCY NEWMAN-LIMATA ELECTED NYSSCPA PRESIDENT/2

Ms. Newman-Limata received her Bachelor of Arts degree in French from Connecticut College, her Master of Arts degree in English from the University of Washington, and a Master of Business Administration from New York University. She was the first recipient of the William Purcell Bickett scholarship at NYU.

She has served as the Treasurer and a Board member for the Girl Scout Council of Southwestern Connecticut. Nancy has two daughters, Laura. a freshman at Lehigh University and Christina, a senior in Ridgefield High School., who will be attending San Francisco Art Institute in the fall.

About the NYSSCPA
Representing nearly 30,000 CPAs, the New York State Society of Certified Public Accountants (NYSSCPA) is the oldest state accounting organization in the nation. Incorporated in 1897, the Society is a nonprofit organization that seeks to establish and maintain high standards of integrity, honor, and character among certified public accountants. Its members are CPAs working in public or private practice in a state that serves as the home of Wall Street and major financial institutions.

The New York State Society of CPAs is located at 530 Fifth Avenue, New York, NY 10036. To learn more about the Society call 800-633-6320 or visit the Society's website at www.nysscpa.org.