The Securities and Exchange Commission said Friday that has appointed Daniel Murdock, a former Deloitte & Touche director, as a deputy chief accountant in the SEC’s Office of the Chief Accountant.
Murdock assumed his new role this week as head of the office’s accounting group. The group advises the Commission on accounting and auditing matters and works closely with private sector accounting bodies such as the Financial Accounting Standards Board. Public companies, auditors and other divisions and offices within the SEC regularly consult with the accounting group on the application of accounting standards and financial disclosure requirements.
"I am very pleased that Dan has joined us,” said SEC chief accountant Paul Beswick in a statement. “His expertise in financial reporting will be a valuable resource to our office, this agency, and investors.”
Beswick was formerly deputy chief accountant before succeeding James Kroeker as chief accountant in the Office of the Chief Accountant last year. On Thursday, the SEC also named a chief accountant in its Division of Corporation Finance, Mark Kronforst, who formerly worked for KPMG (see SEC Names Mark Kronforst Chief Accountant of Corporate Finance).
The accounting group is one of three in the Office of the Chief Accountant. Murdock fills a vacancy created when Beswick was promoted to chief accountant. The other two deputy chief accountants, Brian Croteau and Julie Erhardt, head the professional practice group and the international group respectively.
Before joining the SEC staff, Murdock served as an industry professional practice director for Deloitte & Touche LLP. At Deloitte, he was responsible for the financial statement audits of several large companies and served in its national office, where he consulted with clients on technical accounting issues.
Murdock received a Bachelor of Science degree with an emphasis in accounting from the University of South Florida.
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