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AICPA Appoints BDO USA, LLP’s Angela Newell as New FinREC Chair

March 14, 2019

CHICAGO--(BUSINESS WIRE)--Mar 14, 2019--BDO USA, LLP is pleased to announce that Angela Newell has been appointed by the American Institute of Certified Public Accountants (AICPA) as chair of its Financial Reporting Executive Committee (FinREC), effective May 2019.

Newell is a senior technical partner in the firm’s National Assurance office, where she advises audit engagement teams and clients on the implementation and interpretation of accounting standards.

FinREC serves as the AICPA’s official voice on financial reporting matters and determines the Institute’s technical policies regarding financial reporting standards. In her new role as FinREC Chair, Newell will represent the committee externally and lead discussions about new accounting guidance and the evolution of industry standards.

She has worked directly with the AICPA since 2009, first participating in a four-year rotation on FinREC as an industry representative, then as a member of the AICPA’s Revenue Recognition Working Group.

“Having seen Angela in action for many years, we are fortunate to have someone of her caliber and experience to chair FinREC,” said Dan Noll, CPA, AICPA senior director accounting standards — public accounting.

“I am honored to be recognized by the AICPA leadership and am grateful for the opportunity to represent such an influential institution,” said Newell. “As chair, I look forward to furthering the Institute’s mission of serving the public interest by improving financial reporting.”

“Angela has long been a critical technical leader within BDO and the AICPA, and we’re thrilled that her impact will expand through this role,” said Christopher Tower, National Assurance managing partner at BDO. “As a firm we are committed to investing in and growing our talent to provide exceptional service and resources to our clients.”

Newell joins the ranks of BDO professionals who have been previously appointed for this role. The late Ben Neuhausen, former partner and national director of Accounting for BDO, chaired FinREC—then called the Accounting Standards Executive Committee—from 2005-2008. In 2009, Neuhausen received the AICPA Special Recognition Award for his contributions to accounting standard setting.

About BDO USA

BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, and advisory services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through more than 60 offices and over 650 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of over 80,000 people working out of 1,591 offices across 162 countries.

BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit: www.bdo.com.

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KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES ACCOUNTING CONSULTING FINANCE OTHER PROFESSIONAL SERVICES

SOURCE: BDO USA, LLP

Copyright Business Wire 2019.

PUB: 03/14/2019 11:00 AM/DISC: 03/14/2019 11:01 AM

http://www.businesswire.com/news/home/20190314005194/en