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Sir David Tweedie nominated as vice-president of ICAS

David TweedieSir David Tweedie CA, Chairman of the International Accounting Standards Board (IASB), has been nominated as Vice-President of The Institute of Chartered Accountants of Scotland. This is in recognition of Sir David’s outstanding contribution to the accountancy profession and to ICAS, and is made with a view to his becoming President of the Institute in 2012. Sir David retires from the IASB on 30 June 2011.

The role of Vice-President is unpaid, and will not interfere in any way with Sir David’s current responsibilities.

Sir David’s nomination was warmly welcomed by Douglas Nisbet, current ICAS President, who said, “Sir David is a global leader in the accounting profession. His work at the IASB has been instrumental in moving towards the first truly global, high quality and comparable accounting standards. He will be an outstanding President for ICAS after he stands down from the IASB Chairmanship in 2011.”

Commenting on the nomination, Sir David said “I have been a member of ICAS since 1972 and I greatly appreciate the honour being bestowed upon me. Although not the world’s biggest accounting body, the worldwide impact of ICAS is highly influential. It continues to advance the public interest development of accounting by contributing some of the best quality ideas and thinking within the profession.”

Sir David Tweedie

Sir David was educated at the University of Edinburgh (B.Com., Ph.D). He qualified as a Chartered Accountant in 1972 and between 1973 and 1978 he was a Lecturer in Department of Accounting at University of Edinburgh. Subsequently he served as Technical Director, Institute of Chartered Accountants of Scotland (1978 - 1981), National Research Partner, KMG Thomson McLintock (1982 - 1987) and National Technical Partner, KPMG Peat Marwick McLintock (1987 - 1990). In 1990 he was appointed the first Chairman of the UK Accounting Standards Board (1990 – 2000) and the Chairman of the Urgent Issues Task Force.

He has received a number of honorary degrees and professional awards, including the Institute of Chartered Accountants in England and Wales's Founding Societies Award (1997), awarded annually to a member who has made an outstanding contribution in any field of endeavour and the Chartered Institute of Management Accounting's CIMA Award (1998), awarded to non-members of CIMA who have made an outstanding contribution to the profession and was awarded an Honorary Fellowship of the Association of Chartered Certified Accountants.

He has been a visiting professor at the University of Lancaster International Centre for Research in Accounting (ICRA), the University of Bristol and presently holds a visiting chair at the University of Edinburgh.

He was knighted in 1994 for his services to the Accounting Profession.