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

2017 Meetings

July 18-19, 2017

September 12-13, 2017

November 14-15, 2017

2018 Meetings

January 9-10, 2018

March 13-14, 2018

May 8-9, 2018

July 17-18, 2018

September 12-13, 2018

November 13-14, 2018






Members of FinREC

Jim Dolinar (Chair), Crowe Horwath LLP

Michelle J. Avery Veris Consulting, Inc.

Muneera Carr Comerica Bank

Cathy Clark CliftonLarsonAllen LLP

Mark Crowley Deloitte & Touche LLP


Richard Dietrich The Ohio State University

William Fellows Deloitte & Touche LLP

Josh Forgione Ernst & Young LLP

Gautam Goswami BDO

Bob Owens Bristol Myers Squib

Jay Seliber PricewaterhouseCoopers

Jeff Sisk Cummins, Inc.

Brian Stevens Groupon, Inc.

Angie Storm KPMG

Jeremy Whitaker Lantronix

Find out more about FinREC and its members. Access Facts About FinREC.



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