On July 1, FASB launched its Accounting Standards Codification as the single source of authoritative U.S. GAAP other than guidance issued by the SEC. The codification simplifies user access to all authoritative U.S. GAAP by reorganizing current U.S. GAAP into one topically organized source. Part 1 provides an understanding of the background and content, of the FASB Accounting Standards Codification.
Lynn has 25 years of accounting experience including corporate financial reporting and accounting under both US GAAP and IFRS. She spent 13 years at both AT&T and ADP. At AT&T she was part of the senior leadership team that executed the Lucent IPO, then the largest IPO ever. She was also the NA CFO for Havas, at the time the fifth largest advertising holding company in the world. She was instrumental in Havas conversion to IFRS from French GAAP in 2005, and was also responsible for the SEC filings for Havas as a foreign private issuer. She started her career at Peat Marwick. She is currently is a consultant at Resources Global Professionals. http://www.resourcesglobal.com where she acts as a technical resource for the Finance & Accounting practice Area. You can follow her on twitter at http://twitter.com/lynnhorowitz where she provides information on accounting developments.