Former SEC commissioner Harvey Goldschmid has been appointed to succeed one of the retiring trustees of the International Accounting Standards Committee Foundation, the organization that oversees the International Accounting Standards Board.
Goldschmid is a law professor at Columbia University and he recently co-chaired the Financial Crisis Advisory Group, which released a report in July that concluded accounting standards were not to blame for the economic crisis. Another retiring trustee will be replaced by Yves-Thibault de Silguy, the chairman of the French construction giant Vinci and a former member of the European Commission responsible for economic, monetary and financial affairs.
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