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Position Summary: The Financial Accounting Standards Board | Accountant in Accounting & Financ1

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Position Summary: The Financial Accounting Standards Board

Location:
Norwalk, CT
Description:

Position Summary: The Financial Accounting Standards Board sponsors a postgraduate technical assistant program for individuals who are planning a career with an emphasis in accounting. The program is a one-year term, during which the FASB XBRL Postgraduate Technical Assistant (PTA) will be involved in Taxonomy development for digital financial reporting under US GAAP and will obtain an in-depth understanding of the standards-setting process as well as the roles played by preparers, auditors, and users of financial information. Position Responsibilities: A. Technical Research and AnalysisAssisting project managers with multiple internal and external research projects related to-Taxonomy structured data modeling for Accounting Standards Updates and Accounting Standards Codification topics;XBRL standards post-implementation reviews;Data request supporting standards-setting and standards implementation;Taxonomy elements' references to the Accounting Standards CodificationPerforming quality control reviews on Taxonomy improvement release and Taxonomy Implementation Guide publication.Engaging with the Taxonomy Advisory Group (TAG).Specific tasks may include but not limited to:Understanding and applying accounting standards and guidancePerforming data collection and data analysis on public companies' financial reporting dataAnalyzing technical accounting issues and drafting research memorandumsPresenting research findings, identified issues, and proposed solutions in TAG meetingsAddressing TAG members' inputs and comments B. Planning and Completion of WorkComplete assigned tasks, activities, projects in the time allotted. Promptly notify direct project report of any delays.Comply with project management policies and procedures described in the RTA Reference manual and Rules of Procedure, including interaction with FAF support functions. C. CommunicationsParticipate in the discussion at small group meetings and Board meetingsAssist in drafting Board materialAssist with basic research in response to Technical Inquiries from outside constituentsSpeak to former college's graduate and/or undergraduate accounting classes about the Postgraduate Technical Assistant Program. D. Other AccountabilitiesOther assignments may include providing feedback on new Postgraduate Technical Assistant candidates and assisting Human Resources with the coordination of the schedule of candidates on interview days. Essential Skills and Experience: Project ManagementAbility to meet reasonable deadlinesTechnical Knowledge and Analytical SkillsCandidates must be nominated by a member of their schools' accounting department and must be a recent graduate or about to graduate from either a master's in accounting or a double major. Candidates must have the following:An outstanding academic recordCompleted course work that provides a thorough knowledge of accounting theory and practice.Strong interest in the theoretical aspects of accountingCritical thinking skills and creativityStrong oral and written communication skills, in particular superior writing ability is essentialExperience with personal computers; specifically, Microsoft Office and other various types of software, hardware and the nature and degree of exposure Personal CharacteristicsAbility to work in a team-oriented environmentPossess strong time management skills, and able to prioritize multiple assignmentsMaturity, motivation and leadershipCareer interest in Financial Reporting preferred. Job Related Experience RequiredPrevious exposure to internships in either accounting, assurance, or auditing preferred.
Company:
Financial Accounting Foundation
Industry:
Accounting & Finance
Posted:
January 2 on WhatJobs
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More About this Listing: Position Summary: The Financial Accounting Standards Board
Position Summary: The Financial Accounting Standards Board is a Accounting & Finance Accountant Job at Financial Accounting Foundation located in Norwalk CT. Find other listings like Position Summary: The Financial Accounting Standards Board by searching Oodle for Accounting & Finance Accountant Jobs.