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October 2008 » Global Integration of Accounting...
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Thomas J. Linsmeier has been a member of the Financial Accounting Standards Board since 2006. He has also served as an academic fellow and special consultant to the office of the chief accountant to the SEC. He was responsible for developing U.S. financial disclosure rules relating to the market risks inherent in derivatives and other financial instruments. In this interview with CPA Journal Editor-in-Chief Mary-Jo Kranacher, Linsmeier provided answers to questions about the FASB's future, its role in a movement toward international accounting standards, and the likely difficulties in applying and enforcing a global accounting framework.
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