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IASB Boosts User Voice

Global Glimpses | May 22, 2009

Two leading investment analysts have joined the International Accounting Standards Board. The move is a response to critics who claim theoretical accountants dominate the board, meaning users’ views are drowned out.

McConnellThe new members are Patrick Finnegan, an accounting expert at the CFA Institute, an association representing investment managers, and Patricia McConnell, until recently an investment analyst specializing in accounting issues at Bear Stearns & Co. Both join on July 1.

Finnegan and McConnell replace two of IASB’s existing U.S. members: Mary Barth, an accounting professor at Stanford University’s Graduate School of Business, and Tom Jones, a former CFO of...

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