The Financial Accounting Standards Board appointed seven new members to its small business advisory committee, effective immediately, including:
The small business advisory committee serves as a standing resource for the FASB. Its role is to provide focused input and feedback from a small public company perspective, consider whether there are differences in perspectives for small public versus private companies, and assist the FASB and its staff on matters for which the FASB may seek guidance.
“We’re pleased to welcome seven new members to the SBAC who bring a mix of experience and perspectives to their roles on the committee,” Richard R. Jones, chair of the FASB, said. “They join a distinguished and diverse group of professionals, including two additional investors who were appointed last fall, whose input helps FASB better understand and serve the needs of smaller and medium-sized public companies and their investors and other allocators of capital.”
Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!