New SEC accounting fellow.




New Accounting Fellow

T he Securities and Exchange Commission Office of the Chief Accountant selected Walter R. Teets for a one-year term as academic accounting fellow. He is a member of the accounting faculty of Gonzaga University's School of Business Administration in Spokane, Washington.

Teets will do research, take part in rule making, act as liaison with professional accounting standard-setting organizations and consult with companies on accounting and financial reporting. He replaced Robert Lipe, who became the KPMG Peat Marwick centennial professor of accounting at the University of Oklahoma.



Where to find January’s flipbook issue

Starting this month, all Association magazines — the Journal of Accountancy, The Tax Adviser, and FM magazine (coming in February) — are completely digital. Read more about the change and get tips on how to access the new flipbook digital issues.

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Get your clients ready for tax season

Upon its enactment in March, the American Rescue Plan Act (ARPA) introduced many new tax changes, some of which retroactively affected 2020 returns. Making the right moves now can help you mitigate any surprises heading into 2022.