September 08, 2005

 

SEC Chief Accountant Donald T. Nicolaisen To Leave

After meeting Nicolaisen at several SEC meetings, I can honestly say that his departure will be a big loss to the SEC. He was a great contributor to new directions at the SEC and had an open mind about problems. He worked hard to resolve issues where he could.

Good Luck Don, you will be missed.

An excerpt on this:
"Chief Accountant Nicolaisen Returning to Private Sector
AccountingWEB.com - Sep-8-2005 - The Securities and Exchange Commission (SEC) announced on Wednesday, September 7, 2005, that Chief Accountant Donald T. Nicolaisen will be leaving the Commission in October 2005 to return to the private sector.
A former senior partner with PricewaterhouseCooper, Nicolaisen joined the SEC in September of 2003. As Chief Accountant, he forged close working relationships with the Public Company Accounting Oversight Board (PCAOB) and the Financial Accounting Standards Board (FASB) to fully implement sections of the Sarbanes-Oxley Act. He also worked towards the eventual convergence of accounting standards with regulators and standard setting organizations around the world. Nicolaisen also played a key role in the Commission’s embracing of new technologies including the eXtensible Business Reporting Language (XBRL) pilot program."

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