The board of trustees of the Financial Accounting
Foundation (FAF) appoints Robert H. Attmore chairman of the
Governmental Accounting Standards Board (GASB). He succeeds Tom L.
Allen, who served as GASB chairman since 1995. Attmore is president of
Attmore & Associates, Albany, New York, a consulting firm serving
government agencies and other entities. Prior to that he held various
posts during a 23-year career in New York state government. FAF’s
board oversees the activities of GASB and FASB.
The AICPA establishes an audit committee effectiveness
center (
www.aicpa.org/audcommctr ) that features an online system
enabling CPAs to register as potential audit committee members and
allowing organizations to search for qualified candidates. The center
also offers audit committees guidance and various resources, such as a
toolkit of checklists, questions, reports and guidelines to ensure
they use best practices when fulfilling their responsibilities.
The SEC appoints Andrew D. Bailey Jr. its deputy chief
accountant. Recently a chaired professor of accounting at the
University of Illinois at Urbana-Champaign, Bailey is past president
of the American Accounting Association. He will share with Scott A.
Taub, current deputy chief accountant, responsibilities for day-to-day
operations in the office of the chief accountant.
