• Register
Return to: Home > News > USA oversight body appoints members to the FASAC

USA oversight body appoints members to the FASAC

The Board of Trustees of the Financial Accounting Foundation (FAF) has announced the appointment of nine members to the Financial Accounting Standards Advisory Council (FASAC) in addition to the reappointment of chairman Andrew McMaster for a two year term ending 31 December 2019.

The newly appointed FASAC members are:

  • PwC partner David Schmid
  • Morgan Stanley managing director of research Elizabeth Graseck
  • Bank of America chief accounting officer Rudolf Bless
  • CFRA global head of research Zachary Gast
  • Alphabet vice president and chief accountant Amie Thuener
  • Conrad Prebys Professor of Accounting at Indiana University Teri Yohn
  • Marshfield Clinic Health System chief financial officer Gordon Edwards
  • Swaine & Moore LLP, Cravath, corporate partner John White
  • Elm Ridge Capital Management managing director and portfolio manager Avi Berg

They will serve a one year term from 1 January 2018 and are eligible for three additional one year term appointments.

FAF also reappointed 22 FASAC members, but eleven members are retiring from 31 December 2017: R. Scott Blackley, Gary Buesser, Colleen Conrad, Xihao Hu, Timothy LaSpaluto, Dan Mahoney, Maya McReynolds, Daniel Meader, John Morriss, Dave Sullivan, and Jeff Wilks.

The FASAC advises the Financial Accounting Standards Board (FASB) on strategy, technical issues and other matters that affect standard setting.

Top Content

    Australia: risk management loses out to profit

    Accounting giant PwC has been misrepresented by client AMP, one of Australia’s largest financial institutions, in correspondence to the corporate regulator, according to evidence given to the Financial Services Royal Commission (FSRC). Tom Ravlic reports.

    read more

    SASB: a sea change in interest

    With Sustainability Accounting Standards Board (SASB) founder and chair Jean Rogers stepping down from her role, Jeffrey Hales has taken over the position. Jonathan Minter caught up with him to find out his plans for the organisation

    read more

    ICAS: Keeping reputation front and centre

    Jonathan Minter speaks with the new president of ICAS, Sandy Manson, about the profession’s reputational and technological challenges, and how to turn them in to opportunities

    read more

    GDPR: challenge or opportunity?

    With the General Data Protection Regulation (GDPR) finally in force, Joe Pickard investigates attitudes and opinions on what the regulation will mean for the future of accountancy

    read more

    IFRS 9: are we ready for another crisis?

    With the 2008 Banking crisis a decade old, Jonathan Minter speaks to Burkhard Eckes, chair of the Banks Working Party, about the work of the group and how IRFS 9 is looking to prepare banks for another crash.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.