The International Federation of Accountants has namedformer Arthur Andersen chairman Robert Mednick as the recipient of itsquadrennial Sempier Award.

The IFAC Sempier Award recognizes outstandingcontributions to the accountancy profession by an individual over a period ofmany years.

Mednick was chosen for his achievements in thedevelopment of the accountancy profession internationally, including servingtwo consecutive terms as chair of IFAC's Compliance Advisory Panel, hisparticipation on IFAC's Accountants Legal Liability Task Force, and as aconsultant to the World Bank.

Mednick retired from Andersen in 1998 after serving aschairman of its Worldwide Committee on Professional Standards and as worldwidemanaging partner for professional and regulatory matters. He currently serveson the board of the National Bureau of Economic Research and the AccountabilityAdvisory Council to the Comptroller General of the United States.

Mednick also served as chairman of the American Instituteof CPAs from 1996-1997.

 

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