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.


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.