by Mark Raskino | April 16, 2009 | Comments Off on Accounting regulation made interesting – recommended listening
I disliked the accountancy modules I took at university – it seemed like a dull and lifeless activity. I left wondering why would anyone want to do that for a living, then promptly found someone who enjoyed it a lot and married her. She removed my worst prejudices quickly and helped me appreciate its worth – but I never found the same excitement that drew me towards IT.
Even today, truly charismatic finance personalities seem uncommon and finding someone who can make the subject come alive and inspire people to improve is not so easy. So hat’s off to Deloitte, for capturing and placing in the public domain a simply wonderful town hall style interview and Q&A session recorded with Sir David Tweedie, Chairman of the International Accounting Standards Body in the US, last December.
In the podcast, Sir David deals with the progress of IFRS so far, how it works and how negotiations with FASB are coming along. He touches on many accounting standards issues from the very basic to the complex. At every turn he adds penetrating wisdom, clarity and simplification – mixed with a slightly edgy style of nationalistic humour.
If you want an insight into how key financial standards are forming and where they are headed this is 50 minutes well invested. It will revive your faith in business with integrity and remind you, by example, of what true leadership sounds like. Enjoy.
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