FAF names 3 new trustees

BY KEN TYSIAC

Charles Cox, John Dugan, and Teri List-Stoll have been appointed to the Financial Accounting Foundation (FAF) Board of Trustees, the foundation announced Friday.

Their five-year terms begin Jan. 1. The three new trustees replace Frank Brod, Edward Harrington and John Perrell, whose terms end Dec. 31. Another trustee, Mary Stone, has resigned; her position is expected to be filled next year.

Cox has served as director of finance for the city of Farmers Branch, Texas, since 1993. He also has been director of finance for Haltom City, Texas, and a financial analyst for the General Dynamics Corp.

Dugan, who served as comptroller of the currency for the United States from 2005 to 2010, is a partner at the law firm of Covington & Burling LLP. He previously served as assistant secretary for domestic finance in the Treasury Department, and as minority general counsel for the U.S. Senate Committee on Banking, Housing and Urban Affairs.

List-Stoll is senior vice president and treasurer of Procter & Gamble. She also has worked for Deloitte in the firm’s national office and with multinational clients, and served two years as a FASB practice fellow.

FAF oversees FASB and GASB.

Ken Tysiac ( ktysiac@aicpa.org ) is a JofA senior editor.

SPONSORED REPORT

How the election may affect taxation of business income

This report summarizes recent proposals to reform the U.S. business income tax system and considers the path to enactment of any such legislation.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

Did you follow 2016’s biggest accounting news?

CPAs will remember 2016 as a year of new standards and new faces. How well did you follow the biggest accounting events? The 7 questions in this quiz will help you find out