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 aicpa.org.
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.
- May 7-8, 2019
- July 9-10, 2019
- September 10-11, 2019
- November 5-6, 2019
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.
Members of FinREC
Angela Newell (Chair), BDO
Kelly Ardrey, Western Alliance Bank
Michelle J. Avery, Veris Consulting, Inc.
Lerue Campbell – Metlife
Cathy Clarke, CliftonLarsonAllen LLP
Mark Crowley, Deloitte & Touche LLP
Sean Lager, Frazier & Deeter
Mark Northan, KPMG
Bill Schneider, AT&T
Rachel Simons, Ernst & Young LLP
Jeff Sisk, Cummins, Inc.
Dusty Stallings, PWC
Lynne Triplett, Grant Thornton
Michael Winterscheidt, Scientific Games Corp
Aleks Zabreyko, Connor Group
Find out more about FinREC and its members. Access Facts About FinREC.