Four practitioners replace departing members of the ASB.
The appointees are Kenneth Macias, William F. Messier Jr., Steven L.
Schenbeck and Michael T. Umscheid.
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.
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.