James Kroeker, 44, will be a vice chairman of the U.S. Financial Accounting Standards Board, the board's parent organization, the Financial Accounting Foundation said in a statement on Wednesday. Kroeker is known for handling difficult policy decisions during the 2008-2009 financial crisis and will face projects that have been slowed by disagreements between board members and resistance from the business community. A former deputy managing partner at accounting giant Deloitte, Kroeker was a central figure at the SEC in weighing whether the United States should move to international accounting standards. As chief accountant from 2009 to 2012, he led the regulator's efforts to study that issue, which has yet to be resolved. [Reuters]
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The SEC’s rock-hard justice boner for Marcum continues, this time it’s charges against the firm’s former national assurance services leader for “causing widespread quality control deficiencies.” Or in casual parlance, “totally fucking up.” From today’s news release: The Securities and Exchange Commission today charged Alfonse Gregory Giugliano, CPA, the former National Assurance Services Leader at […]
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