My name is Katie Yazbeck, and I’ve been doing technical accounting for the past 15 years. Throughout my career, I’ve dealt with many complex issues. Most of the time I know enough to ask the right questions, figure out the appropriate guidance and apply the guidance to come up with my conclusion. However, sometimes the fact pattern is so unique that I am left looking for answers or confirmation that I’m going down the right path.
This has always been a grievance of mine. Who or where can I turn to if I have a technical accounting question? If you work in industry, you are most likely the one with technical accounting expertise. If you are part of a consulting firm, you may have a whole group dedicated to technical accounting, but you may not have easy access to SMEs to run your question by them. They may also want to charge your client for their time. This is how the idea of Technical Accounting Professionals website started.