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.

SPONSORED REPORT

Get your clients ready for tax season

Upon its enactment in March, the American Rescue Plan Act (ARPA) introduced many new tax changes, some of which retroactively affected 2020 returns. Making the right moves now can help you mitigate any surprises heading into 2022.

100th ANNIVERSARY

Black CPA Centennial, 1921–2021

With 2021 marking the 100th anniversary of the first Black licensed CPA in the United States, a yearlong campaign kicked off to recognize the nation’s Black CPAs and encourage greater progress in diversity, inclusion, and equity in the CPA profession.