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Chairs of IASCF and IASB will testify before US Senate committee

Feb 12, 2002

IASC Foundation Chairman Paul A.

Volcker and IASB Chairman Sir David Tweedie will testify before the United States Senate Committee on Banking, Housing, and Urban Affairs on 14 February 2002. They will give testimony at a hearing on "Accounting and Investor Protection Issues Raised by Enron and Other Public Companies: International Accounting Standards and Necessary Reforms to Improve Financial Reporting". Mr. Volcker was also recently appointed chairman of a new independent oversight board created by Andersen. Five former Chairmen of the US SEC (Roderick M. Hills, Harold M. Williams, David Ruder, Richard C. Breeden, and Arthur Levitt, Jr.) testified at a session of that hearing conducted on 12 February. Click for Hearing Information.