2008–2009 AAA TASK FORCES
AND TEAMS

AAA/FSA FINANCIAL VALUATION ISSUES TASK FORCE

Charge:

This Task Force is charged with monitoring and responding to Financial Valuation Issues currently being discussed by financial accounting standard setters (FASB & IASB).  This task for will create venues to help AAA members become aware of and understand valuation issues as they emerge in the standard setting arena.  Implications for education will be a priority.

Within the American Accounting Association the Task Force will operate as part of the AAA Education Committee, chaired by the Vice President of Education who will be responsible for this activity. 

The Task Force may seek the assistance of valuation experts from professional firms and agencies, such as the FASB, SEC and PCAOB.

Within the AAA, the Task Force will report regularly but no less than three times a year, so as to inform the Education Committee of its work on a timely basis for reports to Executive Committee. Within the FSA the subcommittee will report to the President on a timely basis.

Membership

New committee members are appointed annually by the President.

Meeting

This committee meets as needed.

Responsibilities

• Fulfill the committee charter as above.
• The Chair prepares and sends a progress report twice every term-year, with deadlines of October 29th 2008 and March 4th 2009, to the Executive Committee Liaison, AAA President, and Executive Director regarding accomplishments or modifications.

Chair:

Rebecca Shortridge
Northern Illinois University
shortridge@niu.edu

Members:

EC Liaison:

Philip Reckers
Arizona State University-Tempe
philip.reckers@asu.edu

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