Fargason Book on Intellectual Property Available Now

 cover of Intellectual Property Auditing the Process

November 12, 2015

BATON ROUGE – “Intellectual Property: Auditing the Process, 2nd edition,” the third and latest book by LSU Flores MBA Program and Department of Finance Senior Instructor James S. Fargason, is now available.

The book can be purchased through the Institute of Internal Auditors at bookstore.theiaa.org

In the book, Fargason writes that organizations should periodically audit their intellectual property to ensure their rights are safeguarded and properly valued. Just as important, they should ensure the staff performing these audits are qualified to do so. The book covers both of these areas and offers auditors concepts, key risks associated with the process and steps to consider when auditing their organization’s intellectual property.

“Many organizations do not realize the extent of their intellectual property rights and the criticality of having strong internal controls over this area,” Fargason said. “In many cases, the governance over intellectual property is weak, causing significant opportunity costs and the corresponding erosion of asset base.”

Fargason holds the Lee D. and Cynthia C. Bloch Distinguished Professorship in Business Law at LSU. He has lectured in Asia, Europe, North America and Latin America to professionals in the field and has been a member of the legal and accounting professions for more than 20 years. He has also worked for organizations such as Deloitte, Dow, Chase, IBM and the Federal Reserve Bank.

About the Department of Finance

The Department of Finance is a Chartered Financial Analyst (CFA) Program Partner and a Certified Financial Planner (CFP) Board-Registered Program that offers high quality curricula to undergraduate and graduate students interested in careers in corporate finance, asset management, real estate, insurance, banking, financial planning and business law. The department boasts internationally renowned research faculty in several areas, including derivatives, asset management, banking and spatial econometrics. The department’s Securities Markets Analysis Research & Trading Lab boasts the Bloomberg Professional service, the platform used by more than 300,000 leading business and financial professionals worldwide to make informed business decisions, and an extensive library of financial data bases including the Wharton WRDS System. Additionally, the department encourages, supports and conducts research in real estate by housing the nationally renowned Real Estate Research Institute. For more information, visit  our home page or call 225-578-6291.

About the Flores MBA Program
The mission of the LSU Flores MBA Program is to remain competitive in the national and regional markets, while fostering learning, leadership and networking in a global business environment. Full-time, professional, executive and online tracks are offered and provide schedule flexibility for those wishing to pursue their MBA from a nationally recognized program. For more information, visit mba.lsu.edu or call 225-578-8867.

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Angela McBride
LSU E. J. Ourso College of Business