Robert H. Herz named FASB chairman. (Domestic).Robert H. Herz, a senior partner with PricewaterhouseCoopers, has been named Chairman of the FASB FASB See: Financial Accounting Standards Board FASB See Financial Accounting Standards Board (FASB). for a five-year term beginning July 1, 2002. He will succeed Edmund L. Jenkins, who will retire on June 30, completing his five-year term. On the appointment, Manuel H. Johnson Dr. Manuel H. Johnson is Co-Chairman of Johnson Smick International, a consulting firm in Washington, D.C. that specializes in economic and political policy effects in global financial markets. Dr. Johnson received his Ph.D. in economics from Florida State University. , Co-Chairman, Johnson Smick International and chairman of the Financial Accounting Foundation (FAF), which appoints members of the FASB, said, "Bob is widely recognized in the U.S. and abroad for his strong technical background and grasp of complex accounting and financial reporting issues. His experience will be a tremendous asset to the FASB as standard setting faces tougher challenges in a changing marketplace." Herz, a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. and Chartered Accountant, is PricewaterhouseCoopers' North America Theater Leader of Professional, Technical, Risk & Quality and a member of the firm's Global and U.S. Boards. He also serves as a part-time member of the International Accounting Standards Board  An editor has expressed concern that this article or section is .Please help improve the article by adding information and sources on neglected viewpoints, or by summarizing and (IASB IASB See International Accounting Standards Board (IASB). ). |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion