Roundtable on Fair Value Accounting Standards
Gary R. Kabureck
Corporate Vice President, Chief Accounting Officer, Xerox Corporation
Gary Kabureck is Vice President and Chief Accounting Officer at Xerox Corporation, Stamford, Conn. He was named to this position in May 2003. He was appointed a Corporate Vice President in 2000 and has been Chief Accounting Officer since 2001. Kabureck is responsible for Xerox's worldwide books of account, external and internal financial reporting and finance systems. He is also responsible for Xerox's Sarbanes-Oxley financial compliance processes, internal control, audit coordination activities and finance training. He is the interface with the company's auditors, PricewaterhouseCoopers and maintains, develops and interprets accounting policies. Kabureck joined Xerox in 1985 after a 10-year career at PricewaterhouseCoopers. During his tenure at Xerox, he has assumed increasing responsibility in managing and directing accounting policies, standards, procedures and controls. He also served as the Vice President of Financial Services for the North American Solutions Group from 1997 to 2000. Kabureck earned a bachelor's degree in accounting in 1975 and a master's degree in business administration and finance in 1982, both from the University of Bridgeport (Conn.) where he was later a member of the accounting faculty. He is past President and current member of the Financial Executives International (FEI), Rochester, N.Y. Chapter. He currently is a member of the FEI's national Committee on Corporate Reporting and is Chairman of the FEI's FASB subcommittee. In addition, Kabureck is a member of the advisory council (FASAC) to the Financial Accounting Standards Board and the Standing Advisory Group to the Public Companies Accounting Oversight Board. He is a frequent speaker on Sarbanes-Oxley compliance and other financial accounting and governance topics.