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Financial Accounting Foundation’s (FAF)

State Accounting Boards Question $3 Million Payment to IASB’s Parent

State Accounting Boards Question $3 Million Payment to IASB’s Parent

The Financial Accounting Foundation’s (FAF) decision to subsidize the IFRS Foundation with a $3 million payment is causing some concern among a number of accounting organizations. The National Association of State Boards of Accountancy (NASBA) has asked the FAF for a detailed explanation of the payment. NASBA also said it wondered if the decision contradicted […]

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Financial Accounting Foundation Appoints 10 Members to Financial Accounting Standards Advisory Council

Financial Accounting Foundation Appoints 10 Members to Financial Accounting Standards Advisory Council

The Financial Accounting Foundation (FAF), the parent organization of the FASB, said on November 25, 2013, that it appointed 10 new members to the Financial Accounting Standards Advisory Council (FASAC). The members will serve one-year terms beginning January 1 and are eligible to be reappointed for three additional one-year terms. Members are chosen from a […]

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Review of Income Tax Standard Shows No Major Flaws

Review of Income Tax Standard Shows No Major Flaws

The Financial Accounting Foundation’s (FAF) review of the FASB’s income tax accounting standard resulted in no major recommendations to change the standard. Preparers and analysts who took part in the review expressed concerns about the standard’s complexity. A review of the FASB’s 21-year-old income tax accounting standard found no significant problems with it, despite the […]

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Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

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Practice Areas & Information

Certifications &
Associations
Member CA Bar Member Orange County Bar US Tax Court Attorney