Norwood J. Jackson Jr. was appointed to a five-year term on the Federal Accounting Standards Advisory Board effective January 1. Jackson, managing vice-president at consulting firm AOC Solutions Inc., has more than 35 years experience in public and government accounting, auditing and advisory services. He previously was deputy controller of the Office of Federal Financial Management at the OMB, deputy auditor of public accounts for the commonwealth of Virginia, and a partner at KPMG LLP. Jackson also is a former member of the AICPA Auditing Standards Board.


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.