Washington, D.C., February 5, 2007 – LAWFUEL – Legal News Network – The Securities and Exchange Commission today announced the appointment of James L. Kroeker as Deputy Chief Accountant for Accounting in the Commission’s Office of the Chief Accountant. In his new position Mr. Kroeker will be responsible for resolution of accounting issues, rulemaking projects, and oversight of private sector accounting standard-setting efforts.
Mr. Kroeker comes from Deloitte and Touche, LLP where, since June 2002, he has been a partner in the firm’s National Office Accounting Services Group and responsible for providing consultation and support regarding the implementation, application, communication and development of accounting standards, including disclosure and reporting matters From August 1999 to June 2001, Mr. Kroeker served as a Practice Fellow at the Financial Accounting Standards Board, where he assisted in the development of accounting guidance related to evolving accounting issues. Mr. Kroeker first joined Deloitte’s national office in 1997 as Manager of the National Office’s Accounting Research Group.
“The Commission and the investors we serve will greatly benefit from Jim’s background and experience both as a partner in the profession and as a Fellow at the FASB,” said SEC Chief Accountant Conrad W. Hewitt.
“Jim Kroeker brings both outstanding judgment and experience to the Commission that will greatly benefit the nation’s investors, issuers, and markets,” said SEC Chairman Christopher Cox. “We are fortunate to have a professional of his abilities. He will be a valuable asset to the Office of the Chief Accountant and to the entire agency.”
Prior to joining Deloitte’s national office, Mr. Kroeker was responsible for the audits of financial statements of several large national and multinational public companies and consulted with clients on technical accounting issues, coordinated the firm’s work related to clients’ mergers and acquisitions, and conducted special projects for the firm.
Mr. Kroeker, 37, received a Bachelor of Science degree with an emphasis in accounting from the University of Nebraska in May 1992. He starts work in the Office of the Chief Accountant today.