The Financial Accounting Foundation, overseer of the Financial Accounting Standards Board, named former Paine Webber/UBS managing director Donald M. Young to the board of the accounting standard-setter.Young's three-year term is effective Jan. 1, 2005. He will compete the term of Gary S. Schieneman, who resigned.In addition to a five-year stint at Paine Webber/UBS, Young's resume includes two years as managing director at Prudential Securities, as well as serving as a director and senior vice president at Lehman Bros.He also held a number of marketing and finance posts at Burroughs Corp., now called Unisys Corp.
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Starting with AI, a number of new developments is making the professional landscape feel stranger than ever.
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Investors mostly favor the continued use of quarterly reporting and rejected the SEC's recent proposal for a semiannual reporting option, according to a survey.
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Plus, KPMG names new int'l leaders; a new director of enforcement at the PCAOB; and other firm and personnel news from across the profession.
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Firms are sourcing new solutions from field staff to expand their tools and upskill their professionals. But they aren't just throwing together programs and calling it a day.
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Plus, Canopy announces Canopy Close Automation in open beta; MYCPE ONE rolls out managed cybersecurity services for businesses; and other news.
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The Electronic Tax Administration Advisory Committee report calls for sustained IRS funding, human-centered design, fraud prevention and preparer regulation.
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