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Thursday 30 October 2014

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Members of the IASB

 Gary Kabureck


Appointed: 15 April 2013
Term expires: 30 June 2017
Geographical allocation: North America

Mr Kabureck is a prominent and highly respected financial reporting practitioner.  Since 2001, he has served as the Chief Accounting Officer (and since 2003 as a Corporate Vice President) for Xerox Corporation – a Fortune Global 500 constituent, $22 billion technology and services company operating in more than 160 countries. With global responsibility for both IFRS and US GAAP accounting processes and a team of more than 1,200 accountants worldwide, he has oversight of Xerox’s accounting policy development, implementation of new accounting procedures, internal and external financial reporting, as well as internal controls. Prior to becoming Chief Accounting Officer, Mr Kabureck held various senior accounting positions at Xerox, beginning in 1985. His professional career began at PricewaterhouseCoopers in 1975, where he worked for ten years.

In addition to his practical experience, Mr Kabureck is recognised as a leader in the accounting profession worldwide. He is an active member of Financial Executives International (“FEI”) – a leading association for senior level finance executives. Since 2006, he has participated in FEI’s Committee on Corporate Reporting and for many years  has led the liaison between accounting standard-setters and FEI members regarding technical matters. Mr Kabureck also serves on a range of other advisory boards, including those to the Public Company Accounting Oversight Board (PCAOB) andpreviously the US Financial Accounting Standards Board (FASB). He is a frequently sought speaker on a wide variety of professional accounting and auditing matters.

Mr Kabureck graduated from the University of Bridgeport, where he earned a Bachelors of Science degree in Accounting as well as a Masters of Business Administration. He is a Certified Public Accountant and in 2008 was inducted into the American Institute of Certified Public Accountants’ Hall of Fame.

 

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