Press Release: Office of the Chief Accountant Selects Three Professional Accounting Fellows
The SEC’s Office of the Chief Accountant appointed Mark J. Barrysmith, Ashley W. Carpenter, and Katrina A. Kimpel as two-year professional accounting fellows in 2006 to support rulemaking and standards liaison, with no fraud, charges, or misconduct involved.
The SEC selected three senior accounting professionals—Mark J. Barrysmith from KPMG, Ashley W. Carpenter from Deloitte, and Katrina A. Kimpel from Ernst & Young—as professional accounting fellows for two-year terms beginning in 2006. They were appointed to assist the Office of the Chief Accountant in developing securities rules, liaising with accounting standards bodies, and advising registrants on financial reporting matters. No allegations of fraud, misconduct, or legal violations are present; the announcement is purely administrative and highlights their technical expertise in strengthening SEC oversight.
In September 2006, the Securities and Exchange Commission’s Office of the Chief Accountant announced the selection of three senior accounting professionals as two-year professional accounting fellows: Mark J. Barrysmith from KPMG LLP, Ashley W. Carpenter from Deloitte & Touche LLP, and Katrina A. Kimpel from Ernst & Young LLP. Barrysmith began his fellowship in July 2006, while Carpenter and Kimpel were set to begin in October 2006. Their roles included contributing to the development of federal securities rule proposals, serving as liaisons with accounting and auditing standards-setting bodies, and consulting with registrants on accounting and reporting issues. They joined an existing cohort of fellows, including Michael G. Gaynor, Sandie E. Kim, and others, to enhance the SEC’s technical capacity in financial oversight. SEC Chief Accountant Conrad Hewitt emphasized the importance of their expertise amid growing challenges in accounting standards. The announcement was purely administrative, with no mention of fraud, misconduct, investigations, or enforcement actions. This appointment reflected the SEC’s effort to strengthen its accounting oversight through experienced industry professionals.
Extracted insights
- person ashley w. carpenter
- person conrad hewitt
- company deloitte & touche llp
- company ernst & young llp
- company kpmg llp
- person mark j. barrysmith
- agency sec chief accountant
- agency Securities and Exchange Commission
- person senior manager
- Securities and Exchange Commission selected Mark J. Barrysmith
- Securities and Exchange Commission selected Ashley W. Carpenter
- Securities and Exchange Commission selected Katrina A. Kimpel
- Mark J. Barrysmith began July 2006
- Ashley W. Carpenter will begin October 2006
- Katrina A. Kimpel will begin October 2006
- Mark J. Barrysmith was senior manager
- Ashley W. Carpenter is senior manager
- Katrina A. Kimpel is senior manager
- Mark J. Barrysmith worked at KPMG LLP
- Ashley W. Carpenter works at Deloitte & Touche LLP
- Katrina A. Kimpel works at Ernst & Young LLP
- Conrad Hewitt is SEC Chief Accountant
- Mark J. Barrysmith joined Securities and Exchange Commission
- Ashley W. Carpenter joined Securities and Exchange Commission
- Katrina A. Kimpel joined Securities and Exchange Commission
Office of the Chief Accountant Selects Three Professional Accounting Fellows FOR IMMEDIATE RELEASE 2006-154 Washington, D.C., Sept. 18, 2006 - The Securities and Exchange Commission's Office of the Chief Accountant has selected three professional accounting fellows for two-year terms: Mark J. Barrysmith, formerly a senior manager in KPMG LLP's Department of Professional Practice based in New York, N.Y., began in July 2006; Ashley W. Carpenter, currently a senior manager in Deloitte & Touche LLP's Carolinas Professional Practice Group based in Charlotte, N.C., will begin in October 2006; and Katrina A. Kimpel, currently a senior manager in Ernst & Young LLP's National Professional Practice Group based in New York, N.Y., will begin in October 2006. Mr. Barrysmith, Mr. Carpenter and Ms. Kimpel are joining the current professional accounting fellows — Michael G. Gaynor, Sandie E. Kim, Josh K. Jones, Joseph D. McGrath, Timothy S. Kviz and Joseph B. Ucuzoglu. At the Commission, the newly selected professional accounting fellows will be involved in the study and development of rule proposals under the federal securities laws, liaison with the professional accounting and auditing standards-setting bodies, and consultation with registrants on accounting and reporting matters. "I look forward to working with Mark, Ashley and Katrina as we address the many challenging issues on our agenda. They are joining the Commission at an important time, as the challenges for accounting have never been greater. I am confident that their experiences and knowledge will help us achieve our goals," said Conrad Hewitt, SEC Chief Accountant. http://www.sec.gov/news/press/2006/2006-154.htm Home | Previous Page Modified: 09/18/2006
Office of the Chief Accountant Selects Three Professional Accounting Fellows FOR IMMEDIATE RELEASE 2006-154 Washington, D.C., Sept. 18, 2006 - The Securities and Exchange Commission's Office of the Chief Accountant has selected three professional accounting fellows for two-year terms: Mark J. Barrysmith, formerly a senior manager in KPMG LLP's Department of Professional Practice based in New York, N.Y., began in July 2006; Ashley W. Carpenter, currently a senior manager in Deloitte & Touche LLP's Carolinas Professional Practice Group based in Charlotte, N.C., will begin in October 2006; and Katrina A. Kimpel, currently a senior manager in Ernst & Young LLP's National Professional Practice Group based in New York, N.Y., will begin in October 2006. Mr. Barrysmith, Mr. Carpenter and Ms. Kimpel are joining the current professional accounting fellows — Michael G. Gaynor, Sandie E. Kim, Josh K. Jones, Joseph D. McGrath, Timothy S. Kviz and Joseph B. Ucuzoglu. At the Commission, the newly selected professional accounting fellows will be involved in the study and development of rule proposals under the federal securities laws, liaison with the professional accounting and auditing standards-setting bodies, and consultation with registrants on accounting and reporting matters. "I look forward to working with Mark, Ashley and Katrina as we address the many challenging issues on our agenda. They are joining the Commission at an important time, as the challenges for accounting have never been greater. I am confident that their experiences and knowledge will help us achieve our goals," said Conrad Hewitt, SEC Chief Accountant. http://www.sec.gov/news/press/2006/2006-154.htm Home | Previous Page Modified: 09/18/2006