SEC names financial reporting committee members

Christopher Cox, the Securities and Exchanges Commission (SEC)’s chair, announced the members of the new Committee on Improvements to Financial Committee yesterday.

The committee, created in June, will have 16 members:
• Denny Beresford, an accounting professor at the University of Georgia’s JM Tull School of Business and an ex-chair of the Financial Accounting Standards Board;
• Susan Bies, a Federal Reserve Board Governor from 2001 until earlier this year;
• Michael Cook, a former chair and chief executive at Ernst & Young, one of the big-four accounting firms;
• Jeffrey Diermeier, president and chief executive of CFA, a trade body and training organisation