The Senate brings the SEC to full strength by confirming the nominations of four commissioners: Paul S. Atkins and Cynthia A. Glassman of Virginia, Harvey Jerome Goldschmid of New York and Roel C. Campos of Texas ( ). Atkins, Goldschmid and Campos will serve out the remainder of terms expiring June 5 of 2003, 2004 and 2005, respectively, while Glassman will serve a full term expiring June 5, 2006.

The AICPA pitches in to support the SEC Historical Society ( ), which the commission founded in 1999 to preserve a record of its activities and to sponsor related research and education programs. In addition to authorizing a $15,000 cash grant to the society on behalf of the Institute, President and CEO Barry C. Melancon will serve on the group’s advisory panel.


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.