The head of the world’s largest professional accounting body is stepping down, ending a three-decade long tenure that saw major changes as the profession dealt with fallout from the Enron scandal and the rise of environmental, social, and governance reporting requirements.
Barry Melancon, president and CEO of the American Institute of CPAs and CEO of the Association of International Certified Professional Accountants, will retire on December 31, the AICPA said Wednesday.
Melancon led the AICPA through major changes, from the computerization of the CPA exam, to the implementation of significant tax laws, to the reckoning after Enron’s collapse exposed deep ...