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The Financial Accounting Foundation (FAF), which funds, oversees and selects the members of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), in April appointed Leslie F. Seidman, CPA, to a three-year term on the board beginning July 1 (www.fasb.org/news/nr042903.shtml). (FYI).


* The Financial Accounting Foundation (FAF), which funds, oversees and selects the members 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).
) and the Governmental Accounting Standards Board The Governmental Accounting Standards Board (GASB) is currently the source of generally accepted accounting principles (GAAP) used by State and Local governments in the United States of America.  (GASB), in April appointed Leslie F. Seidman, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , to a three-year term on the board beginning July 1 (www.fasb.org/news/nr042903.shtml). Currently managing member of her own firm, she is a former vice-president of accounting policy at J.P. Morgan & Co. At the same time, FAF reappointed Gary S. Schieneman to the FASB, also to a three-year term beginning July 1. He has been a board member since July 2001 and is a former director of comparative global equity analysis at Merrill Lynch & Co.
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Publication:Journal of Accountancy
Date:Jul 1, 2003
Words:112
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