SEC Press press_release 60 KB 1,578 chars

Daniel Murdock Named SEC Deputy Chief Accountant

Release
2013-221
summary

Daniel Murdock was appointed as deputy chief accountant at the SEC, succeeding Paul Beswick, with no fraud, charges, or misconduct involved—only a routine personnel transition highlighting his Deloitte auditing expertise.

paragraph

The SEC announced the appointment of Daniel Murdock as deputy chief accountant in its Office of the Chief Accountant, where he leads the accounting group advising on financial reporting standards. Murdock previously served as a financial statement audit director at Deloitte & Touche LLP, consulting on technical accounting issues for large public companies. No fraud, legal violations, financial penalties, or enforcement actions are mentioned; the announcement is purely administrative and reflects a leadership transition following Paul Beswick’s promotion.

narrative

The Securities and Exchange Commission appointed Daniel Murdock as deputy chief accountant in its Office of the Chief Accountant, effective this week, where he will lead the accounting group responsible for advising on accounting standards and financial disclosures. Murdock fills a vacancy created by the promotion of Paul Beswick to chief accountant, and he joins two other deputy chief accountants overseeing professional practice and international matters. Prior to joining the SEC, Murdock was an industry professional practice director at Deloitte & Touche LLP, where he conducted audits of large public companies and provided technical accounting guidance. He holds a Bachelor of Science in accounting from the University of South Florida. SEC Chief Accountant Paul Beswick praised Murdock’s expertise as a valuable asset to the agency and investors. There is no mention of any misconduct, fraud, regulatory violations, or financial penalties in the announcement. The entire document is an administrative personnel update, emphasizing Murdock’s qualifications and experience in public company auditing and accounting standards.

Enriched metadata

Scheme
non-corporate (100%)
Classified non-corporate(confidence 100%). No EDGAR filing fingerprint (criminal/DOJ-side scheme). detection rule →
Parties
accounting groupbrian croteauchief accountantdaniel murdockdaniel murdock joined secfinancial accounting standards boardindustry professional practice director at deloitte & touche llpinternational groupjulie erhardtnew rolepaul beswickprofessional practice groupSecurities and Exchange Commission
Keywords
chief accountantaccountingmurdockchiefaccountantdeputy chiefgroupdaniel murdockaccounting groupsecdeputyfinancialmurdock namedaccountant murdockaccounting standards

Extracted insights

Entities 13
  • company accounting group
  • person brian croteau
  • person chief accountant
  • person daniel murdock
  • agency daniel murdock joined sec
  • person financial accounting standards board
  • company industry professional practice director at deloitte & touche llp
  • company international group
  • person julie erhardt
  • person new role
  • person paul beswick
  • company professional practice group
  • agency Securities and Exchange Commission
Triples 11
  • SEC Appointed Daniel Murdock
  • Daniel Murdock Assumed New Role
  • Accounting Group Advises SEC
  • Accounting Group Works With Financial Accounting Standards Board
  • Public Companies Consult Accounting Group
  • Paul Beswick Said Daniel Murdock Joined SEC
  • Paul Beswick Was Promoted To Chief Accountant
  • Brian Croteau Heads Professional Practice Group
  • Julie Erhardt Heads International Group
  • Daniel Murdock Served As Industry Professional Practice Director at Deloitte & Touche LLP
  • Daniel Murdock Received Bachelor of Science Degree
View original SEC press releasesec.gov
Extracted body text (1,578c)
The Securities and Exchange Commission today announced the appointment of Daniel Murdock as a deputy chief accountant in the agency's Office of the Chief Accountant. Mr. Murdock assumed his new role this week as head of the office’s accounting group. The group advises the Commission on accounting and auditing matters and works closely with private sector accounting bodies such as the Financial Accounting Standards Board. Public companies, auditors, and other divisions and offices within the SEC regularly consult with the accounting group on the application of accounting standards and financial disclosure requirements. "I am very pleased that Dan has joined us,” said SEC Chief Accountant Paul Beswick. “His expertise in financial reporting will be a valuable resource to our office, this agency, and investors.” The accounting group is one of three in the Office of the Chief Accountant. Mr. Murdock fills a vacancy created when Paul Beswick was promoted to chief accountant. The other two deputy chief accountants, Brian Croteau and Julie Erhardt, head the professional practice group and the international group respectively. Before joining the SEC staff, Mr. Murdock served as an industry professional practice director for Deloitte & Touche LLP. At Deloitte, Mr. Murdock was responsible for the financial statement audits of several large companies and served in its national office, where he consulted with clients on technical accounting issues. Mr. Murdock received a Bachelor of Science degree with an emphasis in accounting from the University of South Florida.
OCR text (1,578c · plain-text · 99% conf)
The Securities and Exchange Commission today announced the appointment of Daniel Murdock as a deputy chief accountant in the agency's Office of the Chief Accountant. Mr. Murdock assumed his new role this week as head of the office’s accounting group. The group advises the Commission on accounting and auditing matters and works closely with private sector accounting bodies such as the Financial Accounting Standards Board. Public companies, auditors, and other divisions and offices within the SEC regularly consult with the accounting group on the application of accounting standards and financial disclosure requirements. "I am very pleased that Dan has joined us,” said SEC Chief Accountant Paul Beswick. “His expertise in financial reporting will be a valuable resource to our office, this agency, and investors.” The accounting group is one of three in the Office of the Chief Accountant. Mr. Murdock fills a vacancy created when Paul Beswick was promoted to chief accountant. The other two deputy chief accountants, Brian Croteau and Julie Erhardt, head the professional practice group and the international group respectively. Before joining the SEC staff, Mr. Murdock served as an industry professional practice director for Deloitte & Touche LLP. At Deloitte, Mr. Murdock was responsible for the financial statement audits of several large companies and served in its national office, where he consulted with clients on technical accounting issues. Mr. Murdock received a Bachelor of Science degree with an emphasis in accounting from the University of South Florida.