Beswick steps into Kroeker’s shoes at SEC

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Beswick steps into Kroeker’s shoes at SEC

The official who was staff director of the SEC’s project on the implications of incorporating International Financial Reporting Standards (IFRS) into the financial reporting system for US companies, has been named as the organisation’s acting chief accountant, Paul Beswick.

fotoflexer-photosec.jpg

The chief accountant oversees accounting interpretations, international accounting matters and professional practice issues. The final staff report of the project that examined IFRS incorporation came out on July 13, the day James Kroeker, Beswick’s predecessor, left the SEC.

In his last role as deputy chief accountant, Beswick who has been with the SEC since September 2007, was responsible for the day-to-day operations of the office's accounting group, including resolution of accounting practice issues, rulemaking, as well as oversight of private sector standard-setting efforts.

Beswick was formerly a partner in Ernst & Young’s professional practice and risk management group in the US. He was a practice fellow at the Financial Accounting Standards Board from July 2005 to June 2007.

FURTHER READING

SEC report omits timeline for IFRS and highlights income tax problems

Accountants look for G20 commitment to IFRS

Congress takes fresh look at cutting US non-compliance

 

more across site & shared bottom lb ros

More from across our site

Countries which care about fair taxation of tech multinationals and equitable global distribution of wealth should back the UN’s tax framework, writes economist Abdelmalek Riad
The cuts disproportionately affected staff in certain positions, the report also found; in other news, MHA announced the €24m acquisition of Baker Tilly South East Europe
The plan aims to improve the efficiency, transparency, and effectiveness of direct tax administration in India
Meanwhile, South Africa’s finance minister has accepted a court decision on suspending a VAT increase and US President Donald Trump mulls a 100% tariff on foreign films
Jaime Carey speaks about the benefits of his tax background, DEI values, the use of AI for a smarter legal practice, and other priorities that will define his presidency
Historically low levels of attrition over consecutive years made a ‘difficult decision’ necessary, PwC has reportedly said
WTS Global is also vetting new potential member firms in Algeria, Cote D’Ivoire and Benin, Kelly Mgbor tells ITR in an exclusive interview
The scope of qualifying pillar two tax credits could reportedly be broadened; in other news, hundreds of IRS appeals staff are to resign
For many taxpayers, the prospect of long-term certainty that a bilateral APA offers can override concerns about time, cost and confidentiality
Levine, who served under the Joe Biden administration, led the US’s negotiations on the OECD’s two-pillar solution
Gift this article