Robert Herz, the former chairman of the Financial Accounting Standards Board, has written a new book on his experiences leading FASB, with reflections on his experiences leading the board through the financial crisis and its efforts to converge U.S. GAAP with International Financial Reporting Standards.
The book, Accounting Changes: Chronicles of Convergence, Crisis and Complexity in Financial Reporting, was published last week by the American Institute of CPAs (see Herz Pens Book on FASB Experiences). He talked last week with Accounting Today, before FASB announced the newest FASB chairman, Russell Golden, who will be succeeding Herz’s successor Leslie Seidman when her term ends on June 30 (see Russell Golden to Chair FASB).
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