Interpreting the New Revenue Recognition Standard: What All CPAs Need to Know

Renee Rampulla, AICPA

Renee Rampulla, CPA, CGMA Staten Island, NY Renee Rampulla, CPA, CGMA, has over 30 years of professional experience. She writes and lectures on technical accounting and auditing issues. Renee has extensive experience in the auditing of public and privately held entities ranging from the manufacturing and service sectors to financial services. Previously she was a partner in a regional accounting firm in the northeast in charge of the firm’s accounting and auditing practice and their quality control group. Renee is the founder of Rampulla Advisory Services, LLC. Her clients include nationally recognized professional organizations, accounting firms, companies, publishers and others. By devoting several years of her career at both regional and Big Four accounting firms Renee accumulated a wealth of technical and practical knowledge. In addition, while working for the American Institute of Certified Public Accountants (AICPA), she performed professional ethics investigations; worked closely with senior technical committees; presented technical guidance before standard setters; and authored and updated several AICPA publications. Renee is a frequently requested speaker and is an instructor and author of several continuing professional education (CPE) courses for the AICPA, the New York State Society of Certified Public Accountants“ (NYSSCPA) Foundation for Accounting Education (FAE), and other organizations, covering a variety of FASB and IFRS accounting guidance along with private and public company auditing standards. Renee has taught over 800 CPE courses and is a four-time recipient of the AICPA’s Outstanding Instructor Award. She is also a recipient of the 2016 New Jersey Society of CPAs “Women of Note”. For several years, Renee has been an adjunct lecturer at Hunter College, a City University of New York City, teaching numerous undergraduate accounting, auditing and research courses. Renee holds a BBA in Public Accounting from Bernard M. Baruch College. She is a member of the AICPA, the NYSSCPA, the NJSCPA, the Institute of Management Accountants, the Accountant’s Club of America, the Association of Certified Fraud Examiners and the National Conference of CPA Practitioners (NCCPAP). Renee is a current elected member of AICPA Council. She has served as Vice President of Professional Issues for the NYSSCPA, is a past member of the NYSSCPA Executive Committee and former NYSSCPA Director at Large Board member. Renee also served as chair of the NYSSCPA’s Professional Ethics Committee from 2015-2017, and in 2018 was the President of the NYSSCPA’s Staten Island Chapter. Previously she served in the capacity of several leadership positions for the NYSSCPA Staten Island chapter, including chapter Vice President. She is a member of the NYSSCPA’s Financial Accounting Standards Committee and a past member of the International Accounting and Auditing Committee. Renee chaired the NYSSCPA’s 2014 Nominating Committee. She served on the NJCPA Audit Committee from 2015 - 2018; was the 2012 – 2014 Chair of the NJCPA Accounting and Auditing Standards Interest Group and previously served as the 2011-2012 Vice-Chair. She has also served as co-chair of the NJCPA Accounting Standards and IFRS sub-committees of the Accounting and Auditing Standards Interest Group. Renee currently chairs two NYSSCPA Task forces: The CPA Evolution Task Force and the CPA Exam Task Force. Renee serves as the current issues chair of NCCPAP.