Paul Stahlin has been elected chair of the
American Institute of Certified Public Accountants (AICPA).

Stahlin has more than 25 years of experience
in banking and accounting. He has been actively involved with the
AICPA since 2001 and has chaired the institute’s audit committee in
2007 and 2008.

Stahlin said the AICPA has advocated for a
single set of global standards for many years and the institute
will continue to work closely with the Securities and Exchange
Commission on IFRS adoption.

“We once considered international standards a
convenience, today they are a necessity,” he said.

Stahlin said the AICPA plans to launch an IFRS
certificate programme that will teach knowledge and competency in
applying IFRS. In January, questions about IFRS will be included on
the CPA exam.

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