The Financial Accounting Standards Board (FASB) has appointed Angie Storm, the chief accountant at KPMG, to its Emerging Issues Task Force (EITF).
This appointment was made by FASB chair Richard Jones.
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Jones said: “I am pleased to welcome Angie Storm to the EITF. Angie brings to the table extensive technical accounting experience and an important perspective that will enhance our discussions on EITF issues brought before the FASB.”
EITF is tasked with supporting the FASB in enhancing financial reporting by identifying and developing solutions for specific financial accounting issues within the FASB Accounting Standards Codification.
Storm succeeds Robert Malhotra, who has recently taken on a different role at KPMG.
Jones added: “As a previous EITF alumnus and charter member of our recently reconstituted EITF, Robert Malhotra played a key role in supporting its successful transition to new operating procedures and enhancing the efficiency and effectiveness of our interpretative process.
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By GlobalData“On behalf of the FASB, we thank him for his service during this important period.”
Earlier in August 2025, the Financial Accounting Foundation (FAF) Board of Trustees re-appointed Frederick Cannon to FASB.
Cannon’s initial five-year term began on 1 July 2021, and his new term will start on 1 July 2026, lasting until 30 June 2031.
He held the position of executive vice-president and global director of research at Keefe, Bruyette & Woods, a Stifel Company, where he supervised global equity research and served on the board of directors for the KBW broker/dealer.
