FYI


President George W. Bush designated Cynthia A. Glassman as acting SEC chairman until the Senate confirms a successor to William H. Donaldson, who stepped down in June. The president has nominated Rep. Christopher Cox (R-Calif.) to replace Donaldson.

The Financial Accounting Foundation named Keith L. Johnson, CPA, chairman of the Governmental Accounting Standards Advisory Council for a two-year term. The council consults with GASB on technical issues, project priorities and other matters.

Michael G. Gaynor and Joseph D. McGrath began two-year terms as professional accounting fellows in the SEC’s Office of the Chief Accountant. Both were senior managers in public practice—Gaynor in KPMG’s New York office and McGrath in Ernst & Young’s Cleveland office. They will develop rule proposals under federal securities laws, communicate with professional accounting and auditing standard-setting bodies and consult with SEC-registered companies on accounting and reporting matters.

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: Economy and health care changes top CPAs’ list

CPA decision-makers’ economic outlook and the House Republicans’ proposed tax changes as part of replacing the Patient Protection and Affordable Care Act received attention recently. See how much you know with this short quiz.