Financial Reporting Executive Committee 

The Financial Reporting Executive Committee (FinREC), formerly known as the Accounting Standards Executive Committee (AcSEC), is a senior committee of the Institute for financial reporting. It is authorized to make public statements on behalf of the Institute on financial reporting matters without the clearance of either the Council or the board of directors of the Institute and to clear statements of other committees that include references to financial reporting positions.

The mission of FinREC is to determine the Institute's technical policies regarding financial reporting standards and to be the Institute's spokesbody on those matters, with the ultimate purpose of serving the public interest by improving financial reporting.

View FinREC's positions on financial reporting matters in the FinREC Advocacy section of

Meeting Information

Meetings are open to the public except for sessions dealing with administrative or confidential matters, which are not open to the public. FinREC currently does not post meeting agendas or highlights.

Access FinREC positions to understand positions taken on accounting and financial reporting issues important to you.


FinREC monitors and influences the form and content of pronouncements of bodies having authority over accounting and financial reporting standards, including FASB, FASAB, GASB, and the IASB, among others.


Upcoming Meetings

2016 Meetings

January 12-13, 2016

March 15-16, 2016

May 17-18, 2016

July 12-13, 2016

September 13-14, 2016

November 15-16, 2016

Members of FinREC

Jim Dolinar (Chair), Crowe Horwath LLP

Muneera Carr Comerica Bank

Mark Crowley Deloitte & Touche LLP


Richard Dietrich The Ohio State University

Josh Forgione Ernst & Young LLP

Gautam Goswami BDO

Bob Owens Bristol Myers Squib

Bernard Pump Deloitte & Touche LLP

Phil Santarelli Baker Tilly Virchow Krause LLP

Jay Seliber PricewaterhouseCoopers

Jeff Sisk Commins Inc.

Brian Stevens Groupon, Inc.

Angie Storm KPMG

Mike Tamulis Alvarez & Marsal

Jeremy Whitaker Lantronix

Learn more about FinREC.


Copyright © 2006-2016 American Institute of CPAs.