Biography

WAYNE CARNALL

PROFESSIONAL EXPERIENCE

US Securities and Exchange Commission – 2007 to current
Chief Accountant of the Division of Corporation Finance

• Responsible for advising the Director and working with the other senior officers in planning and developing polices, programs and procedures relating to accounting matters with respect to the work of the Division; rendering decisions on accounting, reporting and auditing issues; collaborating with the Chief Accountant of the Commission and other Divisions and Offices on unique issues and policy matters; working with executive, financial, accounting, legal and other government officials in addressing financial reporting matters.

PricewaterhouseCoopers – 1997 to 2007
Senior Technical Partner in SEC-FPI Services – part of the US National Risk and Quality Group. 

• Responsibilities included assisting clients and engagement teams in addressing US GAAP, PCAOB standards and SEC reporting issues for non-US clients; establishing and publishing the Firm’s policy and procedures on matters relating to US GAAP, PCAOB standards and SEC reporting matters relating to non US companies; and developing training for partners and staff outside of the US with the respect to US GAAP and SEC reporting matters.

Member of the following groups: AICPA International Practices Task Force; PwC Global International Financial Reporting Standards Board; PwC Global 404 Steering Committee.

US Securities and Exchange Commission – 1991 to 1997
Associate Director - Accounting Operations in the Division of Corporation Finance. 

Previous positions in the Division of Corporation Finance included Deputy Chief Accountant, Associate Chief Accountant and staff accountant.

• Responsibilities included establishing policy and resolution of complex or contested issues involving GAAP, GAAS and the Commission's accounting and disclosure requirements; addressing all accounting and reporting issues involving non US companies; and drafted several amendments to rules and forms that simplified the Commission's reporting requirements as well as drafting Staff Accounting Bulletins and other staff publications.

PricewaterhouseCoopers – 1981 to 1991 – Rochester New York

Last position was audit senior manager.  Diversified client portfolio of public and non public companies engaged in manufacturing, commercial banking, retail, railroad, and mutual funds.

Former member of the Editorial Advisory and Review Board for Accounting Horizons.

EDUCATION

Bachelor of Science in Accounting, Cum Laude, from the College of Business and Administration, Alfred University, May 1981.  Certified Public Accountant - New York State – 1983, Connecticut and New Jersey

Associated Items

Wayne E. Carnall is associated with the following items:

  Live Seminar

• Securities Regulation Institute (42nd Annual) Nov. 10 - 12, 2010 New York, NY
  

  Web Segment

• Accounting Developments Lawyers Must Know from the web program Securities Regulation Institute 2009 (41st Annual)
  
• Accounting (SEC Speaks) from the web program The SEC Speaks in 2010
  
• IFRS and Other Accounting Matters from the web program Global Capital Markets & the U.S. Securities Laws 2010: Strategies for the Changing Regulatory Environment
  

  CHB Chapters

  MP3 Audio

• Securities Regulation Institute 2009 (41st Annual): Accounting Developments Lawyers Must Know
  
• The SEC Speaks in 2010: Accounting
  
• Global Capital Markets & the U.S. Securities Laws 2010: IFRS and Other Accounting Matters