Standing up for the independence of American accounting standards
Robert H. Herz, chairman of the United States' Financial Accounting Standards Board (FASB), occupies a key role in the ongoing re-shaping of financial regulation. He has argued for the continued maintenance of a clear demarcation of financial accounting standards by independent auditors from financial institutions regulators. The position of the FASB was set out by Herz in a seminal paper delivered at the AICPA National Conference on Current SEC and PCAOB Developments in December 2009. To read the paper click here.
Robert H. Herz, chairman of the United States' Financial Accounting Standards Board (FASB), occupies a key role in the ongoing re-shaping of financial regulation. He has argued for the continued maintenance of a clear demarcation of financial accounting standards by independent auditors from financial institutions regulators. The position of the FASB was set out by Herz in a seminal paper delivered at the AICPA National Conference on Current SEC and PCAOB Developments in December 2009. To read the paper click here.