Dan Noll, CPA, is Director of Accounting Standards at the American Institute of Certified Public Accountants. Danメs primary responsibilities include working with the Financial Reporting Executive Committee (FinREC, formerly known as AcSEC) in arriving at AICPA positions on financial reporting matters, and in providing external financial reporting guidance. In addition, Dan leads the AICPAメs efforts related to private company financial reporting. Dan works with numerous organizations, committees, expert panels, and task forces that focus on improving financial reporting and ensuring that accounting professionals have the requisite tools needed to best serve the public interest. Dan has a B.B.A. in Public Accounting from Baruch College and was an evening adjunct professor at that institution for four years. Before joining the AICPA, Dan was with PricewaterhouseCooper's (formerly Coopers & Lybrand) New York and National Offices.
Many of our members within the business community and at accounting firms have expressed concern about the timing of these significant new accounting standards, so we welcome and appreciate FASB’s decision to reconsider the effective dates for many entities. The AICPA will continue to work to help our members and other professionals implement these important standards.
Effective dates for certain entities for key standards on accounting for leases, credit losses, hedging, and long-duration insurance contracts would change under a proposal FASB voted to direct its staff to draft.