David Tweedie (accountant)
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Sir David Philip Tweedie (born 7 July 1944) is a British accountant. He is the former chairman of the
International Accounting Standards Board The International Accounting Standards Board (IASB) is the independent accounting standard-setting body of the IFRS Foundation. The IASB was founded on April 1, 2001, as the successor to the International Accounting Standards Committee (IASC). ...
(2001-2011) and the ninetieth member of The Accounting Hall of Fame.


Career

Born in Newcastle-Upon-Tyne, Tweedie graduated with a
BCom A Bachelor of Commerce (abbreviated BComm or BCom; also, ''baccalaureates commercii'') is an undergraduate degree in business, usually awarded in Canada, Australia, India, Sri Lanka, Pakistan, Ireland, New Zealand, Ghana, South Africa ...
followed by a PhD in 1969 from the University of Edinburgh Management School, and is currently a visiting professor.Sir David Tweedie
''Accountancy Age'', 11 Nov 2004
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 The Institute of Chartered Accountants of Scotland (ICAS) is the world's first professional body of Chartered Accountants (CAs). It is a regulator, educator, influencer and thought leader. ICAS act as a thought leader and voice of the professiona ...
(ICAS) until 1981.Sir David Tweedie, IASB chairman
''Financial Director'' magazine, 26 March 2008
In 1982 he moved to a large firm of accountants, KMG Thomson McLintock, where he was national research
partner Partner, Partners, The Partner, or, The Partners may refer to: Books * ''The Partner'' (Grisham novel), by John Grisham, 1997 * ''The Partner'' (Jenaro Prieto novel), 1928 * ''The Partners'' (book), a 1983 book by James B. Stewart * ''Partner'' (m ...
. When KMG merged with Peat Marwick International to form accounting giant
KPMG KPMG International Limited (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a net ...
in 1987, he became its national technical partner. From 1990 to 2000 Tweedie served as the full-time chairman of the
Accounting Standards Board The Financial Reporting Council (FRC) is an independent regulator in the UK and Ireland based in London Wall in the City of London, responsible for regulating auditors, accountants and actuaries, and setting the UK's Corporate Governance and ...
. Then in 2001 he was appointed as the initial Chairman of the
International Accounting Standards Board The International Accounting Standards Board (IASB) is the independent accounting standard-setting body of the IFRS Foundation. The IASB was founded on April 1, 2001, as the successor to the International Accounting Standards Committee (IASC). ...
. He retained the role for a decade, through the
financial crisis of 2007–2010 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...
, and stood down in June 2011, succeeded by
Hans Hoogervorst Johannes Franciscus "Hans" Hoogervorst (born 19 April 1956) is a retired Dutch politician of the People's Party for Freedom and Democracy (VVD) and economist. He is the former chairman of the International Accounting Standards Board (IASB) fro ...
. He has been nominated as President of ICAS, an honorary position, for 2012.Tweedie lined up for top role at Icas in 2012
''
The Scotsman ''The Scotsman'' is a Scottish compact newspaper and daily news website headquartered in Edinburgh. First established as a radical political paper in 1817, it began daily publication in 1855 and remained a broadsheet until August 2004. Its par ...
'', 7 January 2010
In September 2012 he was appointed as Chairman of the Board of Trustees of the
International Valuation Standards Council The International Valuation Standards Council (IVSC) is an independent, not-for-profit, private sector standards organisation incorporated in the United States and with its operational headquarters in London, UK. IVSC develops international techn ...
Tweedie was appointed
Commander of the Royal Victorian Order The Royal Victorian Order (french: Ordre royal de Victoria) is a dynastic order of knighthood established in 1896 by Queen Victoria. It recognises distinguished personal service to the British monarch, Monarchy of Canada, Canadian monarch, Mon ...
(CVO) in the
2020 Birthday Honours The Queen's Birthday Honours for 2020 are appointments by some of the 16 Commonwealth realms of Queen Elizabeth II to various orders and honours to reward and highlight good works by citizens of those countries. The Birthday Honours are awarded ...
for services to the Royal Household, as chairman of the audit, risk and compliance committee.


Awards

*
Knighted A knight is a person granted an honorary title of knighthood by a head of state (including the Pope) or representative for service to the monarch, the Christian denomination, church or the country, especially in a military capacity. Knighthood ...
1994 *Honorary degrees from at least seven UK universities **Including Honorary Doctorate from
Heriot-Watt University Heriot-Watt University ( gd, Oilthigh Heriot-Watt) is a public research university based in Edinburgh, Scotland. It was established in 1821 as the School of Arts of Edinburgh, the world's first mechanics' institute, and subsequently granted univ ...
in 1996 *
ICAEW The Institute of Chartered Accountants in England and Wales (ICAEW) is a professional membership organisation that promotes, develops and supports chartered accountants and students around the world. As of July 2022, it has over 198,000 members ...
's Founding Societies Centenary Award, 1997 * CIMA Award 1998 *''
Accountancy Age ''Accountancy Age'' is an online trade publication 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 publ ...
'' Personality of the Year 2004 and Award for Outstanding Contribution to the Profession * ICAS Vice-President 2011 * The ninetieth member of The Accounting Hall of Fame, 2013


Private life

David Tweedie lives in
North Berwick North Berwick (; gd, Bearaig a Tuath) is a seaside town and former royal burgh in East Lothian, Scotland. It is situated on the south shore of the Firth of Forth, approximately east-northeast of Edinburgh. North Berwick became a fashionable ...
with his wife. They have two sons.Jill Treanor
Calvinist on a clean-up quest
''The Guardian'', 29 June 2002


See also

*
International Valuation Standards The International Valuation Standards Council (IVSC) is an independent, not-for-profit, private sector standards organisation incorporated in the United States and with its operational headquarters in London, UK. IVSC develops international techn ...
*
International Financial Reporting Standards International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the company's f ...


References


External links


IASB Chairman
- Sir David Tweedie's profile at the IASB {{DEFAULTSORT:Tweedie, David 1944 births Living people People from Newcastle upon Tyne Alumni of the University of Edinburgh Business School Scottish accountants International Accounting Standards Board members Knights Bachelor Commanders of the Royal Victorian Order