Lawrence W. Smith named to FASB.Lawrence W. Smith was appointed by the Financial Accounting Foundation Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. to a five-year term as a member of the Financial Accounting Standards Board Financial Accounting Standards Board (FASB) Board composed of independent members who create and interpret Generally Accepted Accounting Principles (GAAP). (FASB FASB See: Financial Accounting Standards Board FASB See Financial Accounting Standards Board (FASB). ) beginning on July 1. He is replacing Edward W. Trott, who will retire from FASB on June 30. Smith is currently director of Technical Application and Implementation Activities and chairman of the Emerging Isssues Task Force (EITF EITF Emerging Issues Task Force EITF Edinburgh International Television Festival EITF Europe International Taekwon-Do Federation ). Prior to joining FASB in 2002, Smith was a partner at KPMG LLP for 25 years, where he served as a partner in KPMG's Department of Professional Practice, as well as an Engagement Partner and SEC Reviewing Partner for a number of international Fortune 1000 clients. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion