New AcSec Chairman


The AICPA named Mark V. Sever, a partner of Ernst & Young LLP, as chairman of its accounting standards executive committee (AcSEC), effective October 2000. Sever, who is a current AcSEC member, succeeds David Kaplan of PricewaterhouseCoopers, who completes his three-year term as chairman.

SPONSORED REPORT

How the election may affect taxation of business income

This report summarizes recent proposals to reform the U.S. business income tax system and considers the path to enactment of any such legislation.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

Did you follow 2016’s biggest accounting news?

CPAs will remember 2016 as a year of new standards and new faces. How well did you follow the biggest accounting events? The 7 questions in this quiz will help you find out