The American Institute of Certified Public Accountants has named Ben Neuhausen of BDO Seidman, LLP, as Chairman-elect of its Accounting Standards Executive Committee (AcSEC). He succeeds Mark Bielstein of KPMG LLP, effective with the conclusion of the next AcSEC meeting.
As a member of AcSEC, Neuhausen chaired the AICPA Task Force on Real Estate Time-Share Transactions. He also has served as a member of FASB's Interpretation 46 Resource Group and its Liabilities and Equities Resource Group. From 1979 to 1981, he was a FASB fellow.
âBen is an expert on financial reporting with an extremely broad knowledge of a variety of industries,â said Bielstein. âHis experience encompasses accounting issues affecting insurance, real estate, motion pictures, oil and gas, and health care, among others. I have served with Ben on AcSEC for many years and am certain that AcSEC will benefit from his leadership.â
As Chairman, Neuhausen will head one of the Institute's most important volunteer bodies. Its activities include providing industry-specific accounting guidance and serving as the Institute's official voice on financial reporting matters. The Committee's membership includes representation from academia, business and industry, and public practice.
As National Director of Accounting for BDO Seidman, LLP, in its Chicago office, Neuhausen advises the firm's clients on financial reporting for complex or unusual transactions and represents the firm before accounting standards-setting organizations.
Prior to joining BDO Seidman, LLP, in 2002, he was a partner in the Professional Standards Group of Arthur Andersen, LLP. Neuhausen holds a BA in Economics from Michigan State University and an MBA in Accounting from New York University.