FYI


Thomas J. Linsmeier was appointed to a second five-year term as a member of FASB, beginning July 1. The reappointment was made by the Financial Accounting Foundation Board of Trustees, which oversees the activities of FASB and GASB.

 

Linsmeier was appointed to his first term on July 1, 2006. Prior to that, he spent seven years as a member of the accounting faculty at Michigan State University, where he was the Russell E. Palmer Endowed Professor and Chairman of the Department of Accounting and Information Systems in the university’s Eli Broad College of Business.

 

SPONSORED REPORT

2019 State of Financial Reporting Survey

We surveyed nearly 600 finance and accounting professionals on their month-end close and reporting processes. See the results.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.