TY - JOUR
T1 - Walter Schuetze and the Numbers Game: Advocate for Reform, Champion of Independence, Promoter of Fair Value, and Proponent of Simplification
AU - Foltin, L Craig
AU - Flesher, Dale L.
PY - 2025/6/1
Y1 - 2025/6/1
N2 - This paper examines the life of Walter Schuetze (1932–2017) and his contributions to the accounting profession. He was a public accountant, a founding member of the Financial Accounting Standards Board (FASB), the Chief Accountant for the United States Securities and Exchange Commission (SEC), a corporate board member, and an advocate for accounting reform. In 2008, he was inducted into the Accounting Hall of Fame. This paper shows how Walter Schuetze has left a quiet but impactful legacy with lessons learned that still have applicability to the accounting profession today.
AB - This paper examines the life of Walter Schuetze (1932–2017) and his contributions to the accounting profession. He was a public accountant, a founding member of the Financial Accounting Standards Board (FASB), the Chief Accountant for the United States Securities and Exchange Commission (SEC), a corporate board member, and an advocate for accounting reform. In 2008, he was inducted into the Accounting Hall of Fame. This paper shows how Walter Schuetze has left a quiet but impactful legacy with lessons learned that still have applicability to the accounting profession today.
KW - Enron
KW - FASB
KW - FASB relevance
KW - SEC
KW - Sarbanes-Oxley
KW - accounting simplification
KW - auditor independence
KW - fair value accounting
KW - mark-to-market accounting
UR - https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=105008687357&origin=inward
UR - https://www.scopus.com/inward/citedby.uri?partnerID=HzOxMe3b&scp=105008687357&origin=inward
U2 - 10.2308/AAHJ-2023-033
DO - 10.2308/AAHJ-2023-033
M3 - Article
SN - 0148-4184
VL - 52
SP - 47
EP - 62
JO - Accounting Historians Journal
JF - Accounting Historians Journal
IS - 1
ER -