Born in Queens, Mr. Philip Defliese attended City College and was a lieutenant in the Navy during World War II. After the war, he was an assistant professor at Adelphi University before joining Lybrand Ross Brothers & Montgomery in 1948. He rose to head the firm, later renamed Coopers & Lybrand, in 1968. Mr. Defliese, the former chairman and managing partner of Coopers & Lybrand and a leading figure in the shaping of accounting standards, died in October 1997. As chairman of the 18-member Accounting Principles Board of the American Institute of Certified Public Accountants in the early 1970's, Mr. Defliese advocated rules that would compel public companies to disclose more accurate information about their finances. Mr. Defliese was a founding member of the Government Accounting Standards Board, which develops standards to be used in preparing the financial statements of state and local governments. After retiring in 1977, he was a professor at Columbia University's Graduate School of Business until 1986 and served on a variety of corporate boards.
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