Dennis R. Beresford
Ernst & Young Executive-in-Residence
J.M. Tull School of Accounting
Terry College of Business
The University of Georgia
Athens, Georgia 30602-6252
Phone:
706 542-3502
Fax:
706 542-3630
E-mail: [email protected]
EDUCATION
University of Southern California
B.S. in Public Accounting, 1961
Member, Beta Gamma Sigma
President, Beta Alpha Psi
Received Price Waterhouse award as outstanding accounting student
PROFESSIONAL CERTIFICATION
Certified Public Accountant, California, 1961 (passed all parts of exam on first attempt)
Presently hold an active CPA license in the state of Georgia
Certificate in Management Accounting, 1972 (earned certificate number 6 by passing all
parts of the first CMA exam; earned certificate of distinguished performance as one of
the ten highest scores)
Certified in Financial Management, 1997 (passed the first CFM examination given by the
Institute of Certified Management Accountants)
WORK EXPERIENCE
1961-71 - Ernst & Young, Los Angeles office. Served a large number of clients (e.g.,
aerospace, banking, publishing) in progressively more responsible positions through the
senior manager level.
1971-86 - Ernst & Young, National office (Cleveland). Promoted to partner in 1972.
Assumed responsibilities as National Director of Accounting Standards soon thereafter.
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1987-97 - Chairman, Financial Accounting Standards Board, Norwalk, Connecticut
1997-2013 - Ernst & Young Executive Professor of Accounting, J. M. Tull School of
Accounting, Terry College of Business, University of Georgia
2013-Present – Executive-in-Residence, J. M. Tull School of Accounting, Terry College
of Business, University of Georgia
2001-2003 – Director, National Service Industries, Inc. and Chairman of the Audit
Committee
2002-January 2006 – Director, MCI, Inc. (formerly WorldCom, Inc.) and Chairman of
the Audit Committee and member of the Nominations and Governance Committee
2002-2013 – Director, Legg Mason, Inc., and Chairman of the Audit Committee and
member of the Risk Committee
2002-2011 – Director, Kimberly-Clark Corporation, and Chairman of the Audit
Committee
2006-2012 – Director, Federal National Mortgage Association (Fannie Mae) and
Chairman of the Audit Committee and member of the Compensation Committee
2009-2014 – Director, Doosan Infracore International, Inc. and Chairman of the Audit
Committee
PROFESSIONAL ACTIVITIES
FASB
Financial Accounting Standards Advisory Council, 1980-83
FASB Emerging Issues Task Force, 1984-86
AICPA
Chairman, Accounting Standards Executive Committee, 1979-82 (member 1976-82)
Elected Member at Large of AICPA Council, 1982-85
Institute of Management Accountants
National officer, 1975-77 and 1984-85
Chairman of Annual Meeting Program committee, 1985-86 and 1998-99
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Appointed member of Board of Directors, 1997-2003
Financial Reporting Committee 1998-present
International Accounting Standards Committee
One of two representatives from the United States, 1982-84
Other
Board of Advisors, University of Texas accounting program, 1998-2004
Advisory Council, Leventhal School of Accounting, University of Southern California –
1997-2006
Beta Gamma Sigma Directors Roundtable
American Accounting Association
AAA Wildman Award Committee Chairman – 2007-08
Financial Executives International (member, Committee on Financial Reporting – 19982011)
Trustee, Financial Executives Research Foundation, 1999-2002
Nasdaq, member of Listing and Hearing Review Council – 2002-2003
Proxy Governance, Inc., member of Policy Council- 2004-2006
Chairman, Advisory Board to Atlanta CFO Roundtable – 2004-2012
SEC Advisory Committee on Improvements to Financial Reporting – 2007-08
National Association of Corporate Directors, member of board of directors 2009 to
present (term runs through 2017)
National Association of Corporate Directors, Co-Chairman of Blue Ribbon Commission
on Board/Shareholders Communications – 2008
National Association of Corporate Directors, Co-Chairman of Blue Ribbon Commission
on Audit Committees - 2010
Public Company Accounting Oversight Board, Standing Advisory Board – 2010-2013
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AWARDS
School of Accounting Distinguished Alumnus Award, University of Southern California,
1983
Distinguished Article Award, The CPA Journal, 1983 and 2005
Annual Literary Award, Journal of Accountancy, 1984
1986 Accountant of the Year, Beta Alpha Psi
Honorary Doctorate, DePaul University, 1995
Lifetime Achievement Award, California Society of CPAs, 1997
Elected to Accounting Hall of Fame, 2004
American Institute of Certified Public Accountants Gold Medal for Distinguished
Service, 2004
Terry College (University of Georgia) Outstanding Faculty Service Award, spring 2004
Elected to Financial Executives International Hall of Fame, 2006
Selected by the Journal of Accountancy as one of the “125 People of Impact in
Accounting,” as having made a significant impact on the accounting profession since the
AICPA was founded in 1887, 2012
Institute of Management Accountants’ first Distinguished Member Award, 2013
Selected as one of the “Directorship 100” – 100 Most Influential People in Corporate
Governance by Directorship Magazine in 2007, 2008, and 2009
In addition to the above, I have had nearly 100 articles published, have made over 800
presentations to business and accounting audiences, and have been quoted frequently in
business and professional publications including the Wall Street Journal, New York
Times, and Business Week.
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Dennis R. Beresford Ernst & Young Executive-in-Residence J.M. Tull School of Accounting