Steven Morrison, CPA, is a principal in the Audit Department at MBAF and works with both public and private companies in various industries including those with international operations.
Steven is active in the planning and execution of audit engagements bringing experience in a variety of industries including automotive dealerships, freight forwarding/mail courier, retail, and wholesale/distribution. Steven also addresses specific issues for companies in a variety of other industries and has experience in effectively communicating simple and complex technical matters to all levels of personnel at clients. His responsibilities also include advising engagement teams on accounting and auditing matters.
He is a member of the AICPA’s Auditing Standards Board, a senior committee for auditing, attestation and quality control applicable to the performance and issuance of audit and attestation reports for non-issuers. The board’s responsibilities include developing, updating and communicating comprehensive standards and practice guidance that enable practitioners to provide high-quality objective audit and attestation services in an effective and efficient manner. Previously, he was a member and chair of the Florida Institute of CPAs Accounting Principles and Auditing Standards Committee which develops responses to exposure drafts of various authoritative accounting and auditing bodies such as the AICPA, FASB, and PCAOB. Also, he was previously a member of the AICPA National Advanced Accounting and Auditing Technical Symposium (NAAATS) Steering Committee.
American Institute of Certified Public Accountants
Auditing Standards Board, 2015-Present
National Advanced Accounting and Auditing Technical Symposium (NAAATS) Steering Committee, 2013-2014
Florida Institute of Certified Public Accountants
Educational Foundation – Board of Trustees
University of Florida Accounting Conference Committee – Member (Chair of 2018 Conference)
Accounting Principles and Auditing Standards Committee – Past Member, Past Chair
Miami Downtown Chapter, Board of Directors – Past Member, Past Chair
Greater Miami Chamber of Commerce – Asia Committee Member
Hong Kong Association of Florida
Publications and Seminars
Going Concern Presumption, Accounting and Auditing Considerations – National Advanced Accounting and Auditing Technical Symposium (NAAATS), Conference Speaker
Equity Method Accounting and Auditing Issues – National Advanced Accounting and Auditing Technical Symposium (NAAATS), Conference Speaker
On 16 May 2017, the FASB issued ASU No. 2017-10, Service Concession Arrangements (Topic 853): Determining the Customer of the Operation Services. The FASB issued this ASU to eliminate diversity in practice in how an operating entity determines the cu ...
The Super Bowl, The World Series, The NBA playoffs – most of us thrill to watch our favorite teams vie for the championship. But, did you ever stop and think about what it could be like to own a sports franchise? It can be as challenging as win ...
In response to growing market demand from customers, vendors, business partners and regulators for useful information about an entity’s cybersecurity risk management efforts, the AICPA has expanded the options available for organizations to vol ...