RegulationAccounting StandardsPCAOB founding member retires

PCAOB founding member retires

Nearly ten years on since the introduction of Sarbanes Oxley accounting watchdog founding member retires

PCAOB founding member retires

A FOUNDING MEMBER of the US accounting watchdog is to retire this month.

Daniel Goelzer was recruited by the Securities and Exchange Commission (SEC) and became a founding member of its accountancy regulation arm the Public Company Accounting Oversight Board (PCAOB).

Goelzer served as chairman of the PCAOB from August 2009 to January 2011 and has quite a biography.

As a certified public accountant early in his career he worked as an auditor for Deloitte & Touche before moving into law where he became a law clerk for judge Thomas Fairchild in the US Appeals Court. He joined the SEC in 1974 working in a variety of roles including executive assistant to the chairman and general council. He also became a partner to law firm Baker McKenzie in 1990.

In July this year it will be ten years since the Sarbanes Oxley Act came into force which was introduced to increase transparency and corporate governance in the wake of accounting scandals such as Enron.

Related Articles

IASB pledges to maintain ‘strong’ bilateral relationship with FASB

Accounting Standards IASB pledges to maintain ‘strong’ bilateral relationship with FASB

3y Richard Crump, Writer
Standard setters “out of synch” over auditor reporting rules

Accounting Standards Standard setters “out of synch” over auditor reporting rules

4y Richard Crump, Writer
IFRS adoption will eventually happen, US investors tell ACCA

Accounting Standards IFRS adoption will eventually happen, US investors tell ACCA

5y Richard Crump, Writer
ICAEW: Pass/fail audit report is best

Accounting Standards ICAEW: Pass/fail audit report is best

6y Rose Orlik
ICAEW: 'Big Bang' IFRS adoption best for US

Accounting Standards ICAEW: 'Big Bang' IFRS adoption best for US

6y Rose Orlik
IFRS's quality not tarnished by US delay, says ICAEW

Accounting Standards IFRS's quality not tarnished by US delay, says ICAEW

5y Richard Crump, Writer
IASB takes swipe at SEC delay over IFRS

Accounting Standards IASB takes swipe at SEC delay over IFRS

5y Richard Crump, Writer
SEC decision over IFRS kicked into the long grass

Accounting Standards SEC decision over IFRS kicked into the long grass

5y Richard Crump, Writer