RegulationAccounting StandardsTweedie hails ‘important’ IASCF recruit

Tweedie hails 'important' IASCF recruit

KPMG audit expert joins international accounting standard setters

KPMG audit partner Prabhakar Kalavacherla has left to join the International
Accounting Standards Committee Foundation.

He joins the
IASCF
at the beginning of the new year for a four-year term, after working across the
US, Europe and India.

An expert in financial reporting in the technology and biotechnology fields,
Kalavacherla holds a masters degree in accountancy from California State
University. He is also on the board of not-for-profit organisation Food for
Life.

Sir David Tweedie, chairman of the IASB, said his expertise would help
broaden the foundation’s knowledge base, describing the appointment as
‘important’.

‘We are also delighted that Kalavacheria will bring enormous experience of
working in emerging markets and will therefore be an invaluable resource for
helping the IASB understand practical implementation issues,’ added Sir David.

Further reading:

US banking groups lobby for fair
value suspension

Backgrounder: The recurring fair
value row

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