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March 25, 2010

Newman says split IASB chair role

The job of International Accounting Standards Board (IASB) chairman should be split in two, according to BDO International chief executive Jeremy Newman.

Current IASB chair David Tweedie’s term ends in mid-2011 and the hunt is already on for a replacement.

“David Tweedie has a very tough job because his job has two aspects to it that I think are mutually exclusive,” Newman said.

At present, the IASB chair must both be a strong technician, and an adept politician.

“I think it is unrealistic to expect one person to have the skills to do both of those jobs,” Newman added.

 

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