Sir David Tweedie visits Victoria Business School
Victoria Business School in association with the Centre for Accounting, Governance and Taxation Research (CAGTR), the New Zealand Institute of Chartered Accountants (NZICA) and the External Reporting Board (XRB), hosted a number of events to coincide with the visit of Sir David Tweedie to New Zealand.
Victoria Business School in association with the Centre for Accounting, Governance and Taxation Research (CAGTR), the New Zealand Institute of Chartered Accountants (NZICA) and the External Reporting Board (XRB), hosted a number of events to coincide with the visit of Sir David Tweedie to New Zealand. Sir David is Chairman of the Board of the International Valuation Standards Council and former Chairman of the International Accounting Standards Board, a post he held for ten years following a similar period responsible for UK accounting standards.
Earthquakes in the capital were not enough to thwart the events that were all scheduled to be held in Rutherford House. Thanks to the generosity of the Reserve Bank and NZICA, the lectures by Sir David were held in alternative venues and were all well attended.
Sir David gave an insightful and entertaining public lecture on “Reflections on Accounting Leadership and the Development of Accounting Standards” at the Reserve Bank. During this presentation he discussed the struggle to change accounting standards, initially in the UK and then internationally. The political pressures in the process were highlighted.
Sir David also presented to School of Accounting and Commercial Law staff, PhD students and people from the profession at NZICA premises. His presentation, “The Global Financial Crisis: Regulation and Accounting” garnered a good number of questions from attendees.
Sir David also spoke to a group of Financial Accounting ACCY308 students on one of their course topics: “Harmonisation”. The students were delighted to have been able to listen first hand to one of the foremost speakers in the world on accounting standards. In his closing comments, Kevin Simpkins, Chair of the XRB and course coordinator of ACCY308 in the School of Accounting and Commercial Law, paid tribute to Sir David Tweedie for his outstanding service to the international accounting standards community but also for his close friendship with the New Zealand standard-setting community for the last 30 years.