Tony Sondhi is President of A.C. Sondhi & Associates. He is currently a member of the Emerging Issues Task Force (EITF) of the Financial Accounting Standards Board (FASB). He is also a member of the Investor Advisory Group of the Public Company Accounting Oversight Board (PCAOB), the Corporate Disclosure Policy Council of the CFA Institute. He has served as a member of the 2008 Expert Advisory Panel on Fair Value of the International Accounting Standards Board (IASB). He has been a member of the Global Financial Reporting Advocacy Committee of the CFA Institute, the Accounting Standards Executive Committee (AcSEC) of the AICPA and the Planning Subcommittee of the AcSEC, the Financial Accounting Policy Committee of the CFA Institute, the FASB Task Force on Accounting for Impairments of Long-lived Assets, and the Statement of Cash Flows Steering Committee of the International Accounting Standards Committee. Tony was also an advisor to the FASB on its project comparing U.S. and International Financial Reporting Standards.
Tony serves on the Board of Directors of an investment advisory services firm. His consulting activities include revenue recognition practices in the software and contracting industries, revenue arrangements with multiple deliverables, consolidation policy issues related to variable interest entities, financial reporting requirements for foreign operations, securitizations and transfers of financial assets, credit analysis, and the analysis of company-wide financial reporting decisions.