Ernie Almonte will champion AICPA efforts to address member needs in areas including recruitment, succession planning, mobility and the growing influence of IFRS.
The SEC on Friday released a long-awaited road map for the transition by U.S. public companies to the use of International Financial Reporting Standards (IFRS).
As gift cards continue to play an important role in holiday retail sales, financial reporting experts examine the obligations of retailers under state escheat laws for unredeemed gift card balances.
FASB Statement no. 160 should result in more informative financial statements, reflecting how noncontrolling interests and changes in those interests can affect cash flow potential for shareholders.