Robert Hirth, CPA, a founding managing director of global consulting
firm Protiviti, was named chairman of the Committee of Sponsoring
Organizations of the Treadway Commission (COSO). He will serve a
three-year term. David Landsittel, COSO’s former chairman, stepped
down at the end of May after leading the committee through an update
of its popular internal control framework, which was released in May.
Terry Warfield, Ph.D., chair of the University of Wisconsin–Madison’s
Accounting & Information Systems department, was named to the FAF
board of trustees. Warfield served as the academic accounting fellow
in the SEC’s Office of the Chief Accountant from 1995 to 1996, and has
been a member of the Financial Accounting Standards Advisory Council
(FASAC), the principal advisory body to FASB.
Lloyd, a former member of the Australian Accounting Standards Board,
has been appointed to serve as a member of the IASB. She currently
serves as senior director of technical activities at the IASB. Her
appointment follows board member Prabhakar Kalavacherla’s notification
that he will retire Dec. 31 at the end of his five-year term.