1) The most significant event over the last year for Atlanta's Accounting community has to be the continuous change in regulation and oversight with respect to implementation and understanding of Sarbanes-Oxley, as well as the creation of the Public Company Accounting Oversight Board (PCAOB).

2) Overall, has the impact of Sarbanes-Oxley been positive or negative? It depends on how you assess the impact of Sarbanes-Oxley. Short term, with 2004 and 2005 being implementation years for public companies, it has required tremendous focus and energy to meet compliance requirements - some would say this focus and energy could be channeled more effectively in executing business plans within these companies.

Long-term however, once compliance and monitoring systems are in place and disciplines created from this process are developed, Sarbanes-Oxley should have a consistent, positive input on these companies.

3) The most significant business trend affecting the accounting industry today, I believe is the lack of sharp, young and intelligent people entering our field. It seems as if they are opting for other professions and entrepreneurial opportunities. I think our industry, as a whole, needs to recognize this trend and place it at the forefront of issues to tackle in 2005.

4) The most challenging part of my job is monitoring the proper balance of time spent between personnel and clients.

Greg Colson is the Managing Partner of Moore Colson. In this role he works with a variety of clients as well as implements the vision and mission of the firm.

Greg's areas of expertise include consulting with the management of closely held companies on strategic planning and profitability enhancement, primarily in the transportation, distribution, construction, and service industries.

Greg's leadership and business philosophy permeates throughout the firm. Moore Colson professionals are trained to be solution providers. Their primary focus is on the future, using the past as a resource. The skills and specialties of firm members are then introduced to add value and provide solutions to clients.

Prior to forming Moore Colson in 1981, Greg spent 11 years with DeLoach & Company, starting as an associate and leaving the firm as a partner.

education
Georgia Southern University (B.B.A., Accounting, 1970)

professional affiliations
American Institute of Certified Public Accountants
Georgia Society of Certified Public Accountants
IGAF Worldwide Chairman of the Board, North America

community involvement
Board of Director Member-Right From The Heart Ministries
Member, Board of Trustees-Georgia Southern University Foundation

Press Release: For Immediate Release
Headline Moore Colson Managing Partner, Greg Colson, Named Chairman of the Board for IGAF Worldwide North America Contact Robin Kelley, Director of Marketing, 770.989.0028
Date June 17, 2004

Atlanta, Georgia (June 17, 2004) - Greg Colson, Managing Partner of Atlanta based accounting firm Moore Colson, was named Chairman of the Board for the IGAF Worldwide North America and Board member and Treasurer for IGAF Worldwide World, at the IGAF Worldwide Partners' Roundtable in San Antonio Texas. Colson will serve as Chairman of the Board, North America and Board member and Treasurer through June 2006.

¿IGAF Worldwide has been an invaluable asset to Moore Colson, enabling us to expand and develop business relationships in Canada, Mexico, Puerto Rico and throughout Europeî. Says Colson. ¿IGAF Worldwide, provides a unique advantage for professionals around the world to share information and ideas, allowing us to develop better solutions to meet tomorrow's business needs.î

"IGAF Worldwide is indeed privileged to be able to draw on Greg's experiences and knowledge within both IGAF Worldwide and the broader accounting profession. Moore Colson is rightly recognized by their peers, both inside and outside IGAF Worldwide, as an outstanding firm. For IGAF Worldwide to be able to draw upon this energy and insight will be a great benefit." Says Kevin Mead, President, IGAF Worldwide International.

Moore Colson, founded in 1981, is a full-service firm providing financial services, information technology services, lender services, management consulting services, and tax and assurance services. Moore Colson serves clients throughout Atlanta and the southeastern United States.

For more information about Moore Colson, call 770-989-0028 or visit www.moorecolson.com.

IGAF Worldwide is a worldwide organization of independent local and regional firms of Certified Public Accountants, Chartered Accountants, or their professional equivalents. IGAF Worldwide was founded in 1977 for the purpose of providing members and their clients with the capability of furnishing a broad spectrum of accounting, auditing, and management services on an efficient and cost effective basis around the globe. With over 150 firms worldwide, nearly 250 offices and over 8,200 staff worldwide, including over 900 partners, IGAF Worldwide has $600M in annual revenue as a network. IGAF Worldwide North America has 41 firms with revenues of over $340M.

For more information about IGAF Worldwide, call Kevin Mead at 678-417-7730 or visit www.igaf.org.