Question: What is the equivalent of the US government agency appointing the members of the public company accounting oversight board of the country having IP becoming a recognized asset class?

In 2013 the United States Patent & Trademark Office approximated that the worth of intellectual property to the U.S. economy is more than US$5 trillion and creates employment for an estimated 18 million American people. The value of intellectual property is considered similarly high in other developed nations, such as those in the European Union. In the UK, IP has become a recognised asset class for use in pension-led funding and other types of business finance. However, in 2013, the UK Intellectual Property Office stated: "There are millions of intangible business assets whose value is either not being leveraged at all, or only being leveraged inadvertently". <SEP> on 27 july 1793, maximilien robespierre was elected to the committee. at this time, the committee was entering a more powerful and active phase, which would see it become a de facto dictatorship alongside its powerful partner, the committee of general security. the role of the committee of public safety included the governance of the war (including the appointment of generals), the appointing of judges and juries for the revolutionary tribunal, the provisioning of the armies and the public, the maintenance of public order, and oversight of the state bureaucracy. <SEP> gary scherer is a republican member of the ohio house of representatives for the 92nd district, which includes fayette county, as well as portions of pickaway and ross counties. he was appointed in april 2012 to replace bob peterson, who was appointed to the ohio senate. scherer has a degree in accounting from ohio state university, and worked as an accountant and businessman before becoming a representative. he is married with three children. <SEP> There is no common name for securities commission or financial regulatory agency in each country. Naming has become more complicated as some governments have consolidated or merged organisations and given them a wider remit. A number also have names based on Financial Authority, such as the Financial Services Authority of the UK or Financial Supervisory Authority (Sweden) or variations such as the Financial Services Agency (Japan). They sometimes contain the term securities and commission. Such as the Securities and Exchange Commission of the US or Securities and Futures Commission (Hong Kong). <SEP> Two Board members must be Certified Public Accountants. If the PCAOB Chairman is one of them, he or she may not have been a practicing CPA for at least five years prior to being appointed to the board. Each member serves full - time, for staggered five - year terms. The PCAOB has five Board members, including a Chairman, each of whom is appointed by the SEC, after consultation with the Chairman of the Board of Governors of the Federal Reserve System and the Secretary of the Treasury. The Board's budget, approved by the SEC each year, is funded by fees paid by the companies and broker - dealers who rely on the audit firms overseen by the Board. The organization has a staff of about 800 and offices in 11 states in addition to its headquarters in Washington.