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On the move: RRBB adds partner

Accounting Today

CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan.

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Tax Fraud Blotter: Getting personal

Accounting Today

Washington City, Utah: Business owner Phyllip Hallman Heaton has been sentenced to five months in prison and 18 months of supervised release (including six months of home detention) after not paying taxes for six years. All rights reserved. On these returns, Edwards admitted that he owed more than $2.5 million in taxes.

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Financial Accounting Foundation Appoints Hillary H. Salo Vice Chair of the Financial Accounting Standards Board

CPA Practice

The Board of Trustees of the Financial Accounting Foundation (FAF) today announced that Hillary H. Salo, whose five-year term on the Financial Accounting Standards Board (FASB) begins July 1, 2024, will serve as the board’s vice chair upon the start of her term.

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Financial Accounting Foundation Names New Vice Chair and Members of GASAC

CPA Practice

The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed Lisa Washburn to the position of vice chair and has appointmented David Goldman and Deborah L. Miller, CPA, to the Governmental Accounting Standards Advisory Council (GASAC). All appointees’ terms begin March 1, 2024. Miller, CPA.

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Friday Footnotes: A World Without Accountants; GAO Finds a Big Mistake; ‘Fazbie’ | 8.5.22

Going Concern

Meet the accountants who may become the new power brokers of taxes. [ needs full access to Chinese company audit papers to resolve accounting dispute -watchdog [ Reuters ] The U.S. needs full access to Chinese company audit papers to resolve accounting dispute -watchdog [ Reuters ] The U.S. listed Chinese companies.

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Friday Footnotes: Accounting’s Big Lie; BDO Poaching; EY Partners Get Whipped | 10.07.22

Going Concern

Private company CFOs grapple with new lease accounting [ CFO Dive ]. At its core, under the new standards the Financial Accounting Standards Board (FASB) wants all companies to record operating leases longer than one year on their balance sheet, both as an asset and a liability, in the same way as capital leases have always been recorded.

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AICPA Recognizes Top 2022 CPA Exam Performers with Elijah Watt Sells Award

CPA Practice

Danielle Beaulieu (Virginia), a graduate of New York University with a Bachelor of Arts in economics and English literature and a Master in Professional Accounting from The University of Texas at Austin McCombs School of Business, is employed with PricewaterhouseCoopers in Washington, DC. Michael Paul Donnelly, Jr.

CPA