March 14, 2019
NEW YORK (March 14, 2019) — The American Institute of CPAs (AICPA) has named Angela Newell, CPA, CGMA chairman of the Financial Reporting Executive Committee (FinREC).
Newell is national assurance partner, BDO Dallas, TX. FinREC serves as the AICPA’s official voice on financial reporting matters and develops nonauthoritative industry-specific accounting guidance. The committee’s membership includes representation from business and industry, public practice and academia.
“Angela brings a unique skill set to FinREC, having experiences in both public accounting and industry, coupled with her deep knowledge of GAAP,” said Jim Dolinar, FinREC’s outgoing chair and a partner at Crowe LLP. “She is a great choice for the next chair of FinREC.”
Newell will succeed Dolinar after the Committee’s May 2019 meeting.
“Having seen Angela in action for many years, we are fortunate to have someone of her caliber and experience to chair FinREC,” said Dan Noll, CPA, AICPA senior director accounting standards — public accounting.
In her role at BDO, Newell’s responsibilities 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.
“I am honored to be recognized by the AICPA leadership and am grateful for the opportunity to represent such an influential institution,” said Newell. “As chair, I look forward to furthering the Institute’s mission of serving the public interest by improving financial reporting.”
Prior to joining BDO, Newell served as Vice President — Corporate Controller for Fiesta Restaurant Group, Inc., Dallas, TX and Vice President of Revenue Assurance and Corporate Controller for Clearwire Inc., Bellevue, WA. Newell began her career in auditing at Arthur Anderson, LLP including a rotation in its national office.
Newell holds a Bachelor of Science in Mathematics and an M.S. in Accounting from the University of Arkansas, Fayetteville, AR.