Leslie Seidman, former chairman of the Financial Accounting Standards Board, has taken on a new role as the executive director of the new Center for Excellence in Financial Reporting at Pace University’s Lubin School of Business.
In her new role, Seidman will stimulate discussion about current topics in financial reporting through conferences, gatherings, and activities focused on best practices and promoting enhanced reporting. In addition, Seidman will guest lecture and mentor advanced accounting students at Lubin. She will also be available to faculty to consult on relevant research and curricular topics.
“Pace University was founded as a school of accountancy and has been highly recognized in the field for over a century,” Seidman in a statement. “I am very excited to lead this new Center at Pace, which will focus on the enhancement of reporting practices for the benefit of the investing public.”
“Leslie Seidman’s depth of knowledge about accounting policy and her breadth of relationships across the profession are unsurpassed,” Lubin’s dean Neil Braun said in a statement. “We are thrilled that Leslie has chosen to make Lubin her home for her thought leadership and continuing contributions to the field.”
Seidman served as chairman of FASB from December 2010 through June 2013. She was originally appointed as a member of FASB in July 2003, and was reappointed twice.
Previously, Seidman was an auditor with Arthur Young & Co., a vice president of Accounting Policy with J.P. Morgan & Co., and a member of the FASB staff, serving first as an Industry Fellow, and later as the Assistant Director of Technical Activities. Immediately prior to joining the FASB, Seidman founded and managed a financial reporting consulting firm, serving corporations, accounting firms, and law firms.
A recognized expert in accounting, Seidman was named CPA of the Year (2013) by the American Woman’s Society of CPAs. She also was ranked among the Top 10 Most Influential People in Accounting by Accounting Today from 2010 to 2012, and was named to the NACD Directorship 100 for Governance in 2011. Seidman authored the first three editions of Financial Instruments: A Comprehensive Guide to Accounting and Reporting.
Seidman is a member of the AICPA, the American Woman’s Society of CPAs, Financial Executives International, the International Women’s Forum, and the Institute of Management Accountants. She earned an M.S. degree in accounting from New York University Stern School of Business and a B.A. degree in English from Colgate University.