Born in Bratislava in 1934; studied social and economic sciences at the Vienna University of Economics and Business Administration; since 1966 chartered accountant and tax consultant and since 1968 sworn statutory auditor. From 1961 he worked as business trustee, 1969 to 1979 partner and manager of Prof. Falkenberg Wirtschaftsprüfungs- und Steuerberatungsges.m.b.H., 1979 to 1996 Member of the Board of Management of SOT Süd-Ost Treuhand, 1996 to 1999 Managing Partner of Europa Treuhand Ernst & Young Wirtschaftsprüfungs- und Steuerberatungsges.m.b.H., since 1999 Chairman of the Supervisory Board of Investkredit Bank AG and Chairman of the Shareholders’ Syndicate. From 1972 university lecturer, in 1984 he received his associate professorship, in 1986 full professorship, has taught at the Vienna University of Economics and Business Administration, the Centre for Business Management of the University of Vienna, extensive seminar and lecturing activity, countless publications on the topics of tax and corporate valuations.