AICPA tabs Mark Crowley to chair FinREC

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Mark Crowley, CPA, has been named chairman of the Financial Reporting Executive Committee (FinREC) by the American Institute of CPAs (AICPA).

Crowley, the national office managing director at Deloitte & Touche LLP, will succeed current Chair Angela Newell after the Committee’s July 2023 meeting. FinREC serves as AICPA’s official voice on financial reporting matters and develops nonauthoritative industry-specific accounting guidance. Its membership includes representation from business and industry, public practice and academia.

For the past eight years, Crowley has served on the FinREC committee. He also has represented the firm on the joint IASB/FASB Revenue Transition Resources Group. As part of Deloitte’s National Office Accounting Services group, Crowley advises the firm and clients on interpreting existing accounting standards and implementing new and emerging standards in his areas of expertise, which include stock compensation, revenue recognition, and income taxes, among others.

In addition, Crowley has significant experience in public and private company accounting and reporting requirements, including mergers and acquisitions, dispositions and initial public offerings.

 

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