FAF Has Appointed Two New Trustees

Board Member and Andersen Chief Join FAF

The Financial Accounting Foundation, which oversees the FASB and GASB, appointed two new trustees:

  • Peter C. Goldmark, Jr., former president of the Rockefeller Foundation, who is currently a director of the Dreyfus Third Century Fund and a member of the Council on Foreign Relations.

  • Jim Wadia, who has been with Arthur Andersen for more than 20 years and became worldwide managing partner in September 1997.

The two new trustees replace Kathryn D. Wriston and J. Michael Cook.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.