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New GASB Members Named

CPA Practice

The Board of Trustees of the Financial Accounting Foundation (FAF) has announced the appointment of Robert W. Scott to a five-year term on the Governmental Accounting Standards Board (GASB). She is the former Colorado state auditor, having served in that role for 10 years. Prior to becoming a state auditor, Ms.

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Paul Munter to Take Over as SEC Chief Accountant

CPA Practice

As chief accountant, Munter will continue to lead the Office of the Chief Accountant and serve as the principal advisor to the SEC on accounting and auditing matters. Munter joined the SEC in 2019 as deputy chief accountant, leading the Office of the Chief Accountant’s international work. Munter earned his Ph.D.

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AICPA News – July 2024

CPA Practice

Nitti, a resident of Colorado, currently serves as the vice-chair for AICPA’s S Corporation Technical Resource Panel. Jack Krause (Georgia), a graduate of the University of Iowa with a bachelor’s in accounting and a Master of Accountancy from the University of Georgia, is employed with the Financial Accounting Standards Board in Norwalk, CT.

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Colorado Springs accounting firm to open Denver office [ Denver Business Journal ] Stockman Kast Ryan and Co., Shawver will serve as the new chair of the Financial Accounting Standards Board panel devoted to private company accounting concerns, FASB’s parent organization announced Friday.

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Here Are the 40 Elijah Watt Sells Award Winners for 2023

CPA Practice

Jack Krause , Georgia, Financial Accounting Standards Board in Norwalk, CT. Kelly McCarty , Colorado, KPMG in Denver. Vineet Kotak , Washington, PwC in Philadelphia. Joshua Kritzer , Illinois, PwC in Chicago. Esther Eleanna Lee (Weissman) , Maryland, Ernst & Young in Virginia. Bryant Lin , New York, in PwC in New York City.

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Friday Footnotes: PwC Partners Get Played; Bad Accounting on the Rise; Getting to the Bottom of the Shortage | 9.1.23

Going Concern

Audit Battle lines drawn over auditors’ role in combating fraud [ AccountancyAge “Patisserie Valerie pushed the issue of auditor responsibility [for fraud detection] to the fore after so many accounting scandals. The investors filed their derivative suit Wednesday in the US District Court for the District of Colorado.

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Monday Morning Accounting News Brief: Capping Busy Season Hours FTW; Open the Books on Audit Firms? | 4.15.24

Going Concern

Academics, audit firms, and professional groups gave blunt feedback on a Financial Accounting Standards Board proposal laying out high-level concepts for how assets and liabilities should be measured, comment letters show. Beyond any doubt, I believe the board could have done better,” Miller wrote. “If

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