The predominant theme of the 2025 AICPA & CIMA Conference on Current SEC and PCAOB Developments, staged in Washington, D.C. on December 8-10, was standard setters and regulators taking a “back to basics” approach, emphasizing the necessity to strike the appropriate balance between the needs of all stakeholders and, where possible, to simplify reporting requirements.
Additionally, they stressed a need for reprioritizing the global alignment of both accounting and auditing standards, noting that achieving global alignment will reduce burdens imposed on all stakeholders by the existence of multiple sets of standards while promoting high-quality financial reporting.
Finally, conference speakers emphasized the ongoing evolution of, and strategic imperative to embrace the use of, artificial intelligence in the financial reporting ecosystem.
Snapshot 2025-20 highlights these and other topics discussed at the conference, including rulemaking activity; recent SEC consultations; disclosure considerations; capital market transactions, including mergers and acquisitions; and auditor independence.
Key conference speakers covered in our publication include SEC Chairman Paul Atkins; SEC Chief Accountant Kurt Hohl; AICPA President and CEO Mark Koziel; FASB Chairman Richard Jones; Grant Thornton Partner and Chairman of FinREC Rahul Gupta; CorpFin Director James Moloney and Chief Accountant Heather Rosenberger; and PCAOB Chief Auditor Barbara Vanich.
Download Snapshot 2025-20 (PDF - 541 KB ) to read our full coverage of the conference.
Contacts:
National Managing Partner of Professional Practice, Audit Services
Partner, Audit Services, Grant Thornton LLP
Principal, Grant Thornton Advisors LLC
Kendra Decker is the national managing partner of Grant Thornton LLP’s Professional Practice within the firm’s Audit Quality and Risk group.
Chief Auditor, Partner, Audit Methodology & Standards, Grant Thornton LLP
Partner, Grant Thornton Advisors LLC
Jennifer is an Audit Partner and the National Professional Practice Director (NPPD) serving the Midwest region.
Chicago, Illinois
Industries
- Manufacturing, Transportation & Distribution
- Transportation & Distribution
Service Experience
- Advisory Services
- Audit & Assurance Services
Partner & Chief Accountant, Grant Thornton LLP
Partner, Grant Thornton Advisors LLC
Graham Dyer serves as Grant Thornton LLP’s Chief Accountant. In this role, he leads the firm’s national Accounting Principles Group, which is responsible for Grant Thornton’s interpretation of accounting matters in both US Generally Accepted Accounting Principles (US GAAP) and International Financial Reporting Standards (IFRS).
Dallas, Texas
Industries
- Asset Management
- Banking
- Not-for-profit & Higher Education
- Private Equity
- Construction & Real Estate
Service Experience
- Audit & Assurance Services
Partner-in-charge, SEC Regulatory Matters; Audit Quality and Risk
Partner, Audit Services, Grant Thornton LLP
Principal, Grant Thornton Advisors LLC
Rohit Elhance is a partner in SEC Regulatory Matters group, with more than 17 years of international experience serving large multinational and entrepreneurial companies in the areas of audit, risk advisory and transaction services.
Washington DC, Washington DC
Industries
- Construction & Real Estate
- Manufacturing, Transportation & Distribution
- Technology, Media & Telecommunications
- Energy
Service Experience
- Advisory Services
- Audit & Assurance Services
- Transaction Advisory
Partner, National Professional Standards Group, Grant Thornton LLP
Partner, Grant Thornton Advisors LLC
Rahul is a Partner in the National Professional Standards Group (NPSG) of Grant Thornton. Rahul assists engagement teams and clients with technical accounting issues and monitors current accounting developments, under both U.S. GAAP and IFRS.
Chicago, Illinois
Industries
- Construction & Real Estate
- Manufacturing, Transportation & Distribution
- Technology, Media & Telecommunications
- Energy
- Retail & Consumer Brands
Service Experience
- Audit & Assurance Services
Managing Director, SEC Regulatory Matters
Audit & Assurance Services
Grant Thornton LLP
Cindy is a managing director in the firm’s SEC Regulatory Matters group, with more than 15 years of auditing, accounting, and SEC reporting experience. She began her career in 2006 in the audit practice where she served public and private companies, primarily in the manufacturing and healthcare industries.
Arlington, Virginia
Industries
- Manufacturing, Transportation & Distribution
- Construction & Real Estate
- Asset Management
Service Experience
- Audit & Assurance Services
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