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

    2015 Meetings

    March 11-12, 2015 (Cancelled)

    May 5-6, 2015

    July 7-8, 2015

    September 15-16, 2015

    November 3-4, 2015

    Members of FinREC

    Jim Dolinar (Chair), Crowe Horwath LLP

    Aaron Anderson PayPal

    Muneera Carr Comerica Bank

    Mark Crowley Deloitte & Touche LLP

    Rick Day McGladrey LLP

    Gautam Goswami BDO

    Walter Ielusic General Electric

    Matt Kelpy GoDaddy Inc.

    Steve Moehrle University of Missouri – St. Louis

    Danita Ostling Ernst & Young LLP

    Bob Owens Bristol Myers Squib

    Bernard Pump Deloitte & Touche LLP

    Phil Santarelli Baker Tilly Virchow Krause LLP

    Jay Seliber PricewaterhouseCoopers

    Brian Stevens Groupon, Inc.

    Angie Storm KPMG

    Mike Tamulis Alvarez & Marsal

    Learn more about FinREC in our "Facts about FinRec."


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