FASB Appoints New NAC Members

The FASB has announced that it has appointed four new members to its Not-for-Profit Advisory Committee (NAC). The NAC is tasked with obtaining “input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer term or pervasive financial reporting matters affecting those organizations.”

The four-year terms of the new members are effective immediately and will end on December 31, 2028.

For more information, see the press release on the FASB’s Web site.