Facts about FASB
Board Members
Thomas J. Linsmeier
Board Member
Thomas J. Linsmeier was appointed as a member of the Financial Accounting Standards Board (FASB) in July 2006. An award-winning teacher and researcher with particular expertise in financial reporting for derivatives and risk management activities, Dr. Linsmeier was formerly Russell E. Palmer Endowed Professor and Chairperson of the Department of Accounting and Information Systems at Michigan State University.
He also has served as academic fellow and special consultant to the Office of the Chief Accountant at the U.S. Securities and Exchange Commission (SEC), where he was responsible for developing U.S. financial reporting disclosure rules relating the market risk inherent in derivatives and other financial instruments. In addition, he has held professorial appointments at the University of Iowa and the University of Illinois at Urbana–Champaign.
Throughout his academic career, Dr. Linsmeier’s research has explored the role of accounting information in securities markets, including the usefulness to investors of fair value and market risk management disclosures, the valuation–relevance of bank earnings component information, and the economic effects of changes in accounting regulation. His work has been published in The Accounting Review; Journal of Accounting Research; Accounting Horizons; Management Science; Journal of Accounting, Auditing, and Finance; Journal of Business, Finance and Accounting; and Financial Analysts Journal.
Dr. Linsmeier has served as chairman of the Financial Accounting Standards Committee and president of the Financial Accounting and Reporting section of the American Accounting Association. He is a member of the American Institute of Certified Public Accountants and received his Ph.D. and M.B.A. from the University of Wisconsin–Madison and his B.B.A. from the University of Wisconsin–Milwaukee.
Dr. Linsmeier’s current FASB term on ends on June 30, 2011.
tjlinsmeier@fasb.org
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