Author: Tom Suozzi
Thomas Richard Suozzi (born August 31, 1962) is an accomplished U.S. politician and certified public accountant with extensive experience in public service and financial management. He is known for his pragmatic approach to fiscal policy and governance.
Introduce :
Tom Suozzi, an American politician and attorney, has served as the U.S. Representative for New York's 3rd congressional district since 2017. He previously held roles as Nassau County Executive and Mayor of Glen Cove, where he was recognized for his environmental and fiscal reforms. Suozzi is known for his bipartisan efforts in Congress, notably as a member of the Problem Solvers Caucus, focusing on issues like healthcare, taxation, and infrastructure. He is committed to pragmatic governance and advocating for the needs of his constituents.
Degrees and Education
- Suozzi graduated from Chaminade High School in 1980
- Tom holds a Bachelor of Science in Accounting from Boston College, graduating magna cum laude in 1984
- He further honed his expertise by earning a Juris Doctor from Fordham University School of Law in 1989
Expertise and Skills
Tom Suozzi's professional background is marked by his deep understanding of accounting, tax law, and financial regulations.As Nassau County Executive, he was instrumental in turning around the county's financial situation, showcasing his skills in budget management and financial oversight.His expertise extends to areas such as public sector finance, governmental accounting, and fiscal policy, making him a prominent figure in discussions related to finance and governance.Tom's dual qualifications in law and accounting, paired with his legislative experience, offer a unique perspective on the intersection of accounting principles and public policy. His work emphasizes the importance of sound financial practices in enhancing transparency and accountability in government.
Statement of Changes in Equity: Comprehensive Guide for Shareholders
A statement of changes in equity reports a company’s transactions with shareholders over an accounting period, detailing movements in equity components.
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Other Comprehensive Income Explained: Impact on Financial Performance
Other comprehensive income refers to gains and losses not included in net income but reported in equity, providing a comprehensive view of financial performance.
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Income Statement vs Balance Sheet: Understanding Financial Performance and Position
An income statement shows revenues & expenses, while a balance sheet lists assets, liabilities & equity for a specific period. Know the income statement vs balance sheet differences.
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What is Conceptual Framework Accounting: Key to Global Financial Reporting
Conceptual Framework for Financial Reporting defines fundamental concepts for the preparation and presentation of useful financial information.
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GAAP vs Non-GAAP: Key Differences and Their Effect on Financial Reporting
GAAP vs. Non-GAAP: What’s the Difference? Explore the key distinctions between Generally Accepted Accounting Principles (GAAP) and non-GAAP financial reporting measures.
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What Is Segment Reporting? A Comprehensive Guide for Analyzing Business Performance
Segment reporting involves disclosing financial information about a company’s distinct operating segments, products, services, and geographic areas.
