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Financial Accounting Foundation names new trustees.

BANKING AND CREDIT NEWS-November 16, 2017-Financial Accounting Foundation names new trustees

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The Board of Trustees of the Financial Accounting Foundation (FAF) has announced the appointment of Kathleen L. Casey, Jeffrey L. Esser, and David C. Villa to the FAF Board of Trustees, effective January 1, 2018, the company said.

The FAF is the parent organization of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).

The new appointments will fill upcoming vacancies on the Board of Trustees. Trustees whose terms conclude on December 31, 2017, are Secretary and Treasurer Ann Marie Petach, Charles S. Cox, and John C. Dugan.

Established in 1972, the Financial Accounting Foundation (FAF) is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut responsible for the oversight, administration, financing, and appointment of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB). The FASB and GASB establish and improve financial accounting and reporting standards--known as Generally Accepted Accounting Principles, or GAAP--for public and private companies, not-for-profit organizations, and state and local governments in the United States. For more information, visit www.accountingfoundation.org.

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Publication:M2 Banking & Credit News (BCN)
Date:Nov 16, 2017
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