The American Institute of CPAs (AICPA) has named Angela Newell, national assurance partner, BDO Dallas, as chairman of the Financial Reporting Executive Committee (FinREC).
FinREC serves as the AICPA’s official voice on financial reporting matters and develops non-authoritative industry-specific accounting guidance. The committee’s membership includes representation from business and industry, public practice and academia.
Jim Dolinar, FinREC’s outgoing chair and a partner at Crowe said: “Angela brings a unique skill set to FinREC, having experiences in both public accounting and industry, coupled with her deep knowledge of GAAP.”
Newell will succeed Dolinar after the Committee’s May 2019 meeting.
According to AICPA, Newell’s responsibilities at BDO include working with audit engagement teams to determine the appropriate accounting for a variety of topics. In addition, she has played a key role in the Firm’s response to the new revenue recognition and leasing standards.
Prior to joining BDO, she was vice president – corporate controller for Fiesta Restaurant Group and vice president of revenue assurance and corporate controller for Clearwire. She began her career in auditing at Arthur Anderson.
Newell said: “As chair, I look forward to furthering the Institute’s mission of serving the public interest by improving financial reporting.”