Kathleen L. Casey was sworn in as the 88th SEC commissioner by Chairman Christopher Cox in July. She is a 13-year veteran of Capitol Hill, having served as legislative director and chief of staff for Senator Richard Shelby (R-AL) and staff director of the Senate Banking Committee’s Subcommittee on Financial Institutions and Regulatory Relief. She succeeds Cynthia A. Glassman.

The commission also appointed Zoe-Vanna Palmrose, CPA, PhD, its deputy chief accountant in August. She served on the AICPA Auditing Standards Board Fraud Task Force and the Institute’s Antifraud Program and Controls Task Force. Palmrose, who is the PricewaterhouseCoopers Professor of Auditing at the University of Southern California’s Leventhal School of Accounting and Marshall School of Business, replaces Andrew D. Bailey Jr.


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.