David Tweedie
Encyclopedia
Sir David Tweedie is a Scottish accountant. As Chairman of the International Accounting Standards Board
from 2001 until June 2011, he has been a global leader in the accounting profession.
in 1969 from the University of Edinburgh Management School, and is currently a visiting professor.
He then trained as a Chartered Accountant
with Mann Judd Gordon & Co, qualifying in 1972. He lectured at his alma mater
from 1973 to 1978, then became the technical director of the Institute of Chartered Accountants of Scotland
(ICAS) until 1981.
In 1982 he moved to a large firm of accountants, KMG Thomson McLintock, where he was national research partner
. When KMG merged with Peat Marwick International to form accounting giant KPMG
in 1987, he became its national technical partner.
From 1990 to 2000 Tweedie served as the full-time chairman of the Accounting Standards Board
.
Then in 2001 he was appointed as the initial Chairman of the International Accounting Standards Board
. He retained the role for a decade, through the financial crisis of 2007–2010, and stood down in June 2011, succeeded by Hans Hoogervorst
.
He has been nominated as President of ICAS, an honorary position, for 2012.
International Accounting Standards Board
The International Accounting Standards Board is an independent, privately funded accounting standard-setter based in London, England.The IASB was founded on April 1, 2001 as the successor to the International Accounting Standards Committee...
from 2001 until June 2011, he has been a global leader in the accounting profession.
Career
Tweedie graduated with a BCom followed by a PhDPHD
PHD may refer to:*Ph.D., a doctorate of philosophy*Ph.D. , a 1980s British group*PHD finger, a protein sequence*PHD Mountain Software, an outdoor clothing and equipment company*PhD Docbook renderer, an XML renderer...
in 1969 from the University of Edinburgh Management School, and is currently a visiting professor.
He then trained as a Chartered Accountant
Chartered Accountant
Chartered Accountants were the first accountants to form a professional body, initially established in Britain in 1854. The Edinburgh Society of Accountants , the Glasgow Institute of Accountants and Actuaries and the Aberdeen Society of Accountants were each granted a royal charter almost from...
with Mann Judd Gordon & Co, qualifying in 1972. He lectured at his alma mater
Alma mater
Alma mater , pronounced ), was used in ancient Rome as a title for various mother goddesses, especially Ceres or Cybele, and in Christianity for the Virgin Mary.-General term:...
from 1973 to 1978, then became the technical director of the Institute of Chartered Accountants of Scotland
Institute of Chartered Accountants of Scotland
The Institute of Chartered Accountants of Scotland is the Scottish professional body of Chartered Accountants . It is a regulator, educator and influencer.ICAS act as a thought leader and voice of the professional business community...
(ICAS) until 1981.
In 1982 he moved to a large firm of accountants, KMG Thomson McLintock, where he was national research partner
Partner (business rank)
A partner in a law firm, accounting firm, consulting firm, or financial firm is a highly ranked position. Originally, these businesses were set up as legal partnerships in which the partners were entitled to a share of the profits of the enterprise. The name has remained even though many of these...
. When KMG merged with Peat Marwick International to form accounting giant KPMG
KPMG
KPMG is one of the largest professional services networks in the world and one of the Big Four auditors, along with Deloitte, Ernst & Young and PwC. Its global headquarters is located in Amstelveen, Netherlands....
in 1987, he became its national technical partner.
From 1990 to 2000 Tweedie served as the full-time chairman of the Accounting Standards Board
Accounting Standards Board
The role of the Accounting Standards Board is to issue accounting standards in the United Kingdom. It is recognised for that purpose under the Companies Act 1985...
.
Then in 2001 he was appointed as the initial Chairman of the International Accounting Standards Board
International Accounting Standards Board
The International Accounting Standards Board is an independent, privately funded accounting standard-setter based in London, England.The IASB was founded on April 1, 2001 as the successor to the International Accounting Standards Committee...
. He retained the role for a decade, through the financial crisis of 2007–2010, and stood down in June 2011, succeeded by Hans Hoogervorst
Hans Hoogervorst
Hans Hoogervorst is a Dutch political and business figure. He is chairman of the International Accounting Standards Board.-Career:...
.
He has been nominated as President of ICAS, an honorary position, for 2012.
Awards
- KnightedKnight BachelorThe rank of Knight Bachelor is a part of the British honours system. It is the most basic rank of a man who has been knighted by the monarch but not as a member of one of the organised Orders of Chivalry...
1994 - Honorary degrees from at least seven UK universities
- ICAEW's Founding Societies Centenary Award, 1997
- CIMAChartered Institute of Management AccountantsThe Chartered Institute of Management Accountants is a United Kingdom-based professional body offering training and qualification in management accountancy and related subjects, focused on accounting for business; together with ongoing support for members.CIMA is one of a number of professional...
Award 1998 - Accountancy AgeAccountancy AgeAccountancy Age is a trade magazine for accountants and financial staff in the United Kingdom. After running from 1969 to 2011 with a circulation of over 60,000 in print, it changed with effect from May 2011 to an online-only publication.-History:...
Personality of the Year 2004 and Award for Outstanding Contribution to the Profession - ICASInstitute of Chartered Accountants of ScotlandThe Institute of Chartered Accountants of Scotland is the Scottish professional body of Chartered Accountants . It is a regulator, educator and influencer.ICAS act as a thought leader and voice of the professional business community...
Vice-President 2011
External links
- IASB Chairman - Sir David Tweedie's profile at the IASB