FAF Seeks Nominations for Key Leadership

and Advisory Positions

Norwalk, CT—March 18, 2019—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the search for new members of the FAF Board of Trustees, a new chair of the Financial Accounting Standards Advisory Council (FASAC), and new members of the Private Company Council (PCC).



The FAF Board of Trustees Appointments Committee recruits candidates with varied backgrounds and experience from diverse talent pools to ensure a balance of perspectives across all the Boards and Councils. Below are brief profiles for the available positions.



FAF Board of Trustees



The FAF Board of Trustees oversees and supports the FASB and the GASB as they carry out their missions. Diverse experience, backgrounds, and perspectives are important to overseeing and promoting the independent standard-setting process.

Ideal FAF Trustee candidates: The FAF is specifically seeking candidates who are senior leaders in the investment profession. More information on the FAF Board of Trustees, including an application, can be found here.



FASAC Chair



The FASAC advises the FASB on issues related to projects on the FASB’s agenda, possible new agenda items, project priorities, procedural matters that may require the attention of the FASB, and other matters as requested by the FASB Chair.

Ideal FASAC chair candidates possess: More information on the FASAC Chair position, including an application, can be found here.



PCC Member



The PCC advises the FASB on the appropriate accounting treatment for private companies for items under active consideration on the FASB’s agenda. The PCC also advises the FASB on possible alternatives within GAAP to address the needs of users of private company financial statements.



Ideal PCC member candidates possess: More information on the PCC, including an application, can be found here.



 

Nominations are due by April 19, 2019. For more information on the FAF’s recruitment process, visit the FAF website.