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Hoogervorst reappointed as IASB chairman

His first term brought significant new standards.

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Hans Hoogervorst was reappointed as chairman of the International Accounting Standards Board (IASB) for a second five-year term that will begin July 1. Ian Mackintosh, the IASB vice chairman, will retire on June 30.

Under Hoogervorst and Mackintosh, the IASB has completed high-profile standards on revenue recognition, financial instruments, and leases. The number of countries applying IFRS increased during their joint tenure.

SPONSORED REPORT

Get your clients ready for tax season

Upon its enactment in March, the American Rescue Plan Act (ARPA) introduced many new tax changes, some of which retroactively affected 2020 returns. Making the right moves now can help you mitigate any surprises heading into 2022.

100th ANNIVERSARY

Black CPA Centennial, 1921–2021

With 2021 marking the 100th anniversary of the first Black licensed CPA in the United States, a yearlong campaign kicked off to recognize the nation’s Black CPAs and encourage greater progress in diversity, inclusion, and equity in the CPA profession.