The Financial Accounting Foundation appointed Marc A. Siegel to the FASB board. His term was effective Oct. 20 and extends until June 30, 2013. Prior to his appointment, Siegel led the accounting research and analysis team at RiskMetrics Group in Rockville, Md. He succeeds George J. Batavick.
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6 key areas of change for accountants and auditorsNew 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.
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How tax reform will impact individual taxpayersAmy 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.