FYI

The General Accounting Office on July 7, 2004, changed its name to the Government Accountability Office in accordance with the GAO Human Capital Reform Act of 2004, which reorganized the watchdog agency’s personnel management and compensation systems ( www.gao.gov/about/namechange.html ).

The Public Company Accounting Oversight Board (PCAOB) named Richard D. Clark, CPA, director of the office of financial analysis and risk assessment, which will collect, assimilate and analyze risk assessment and other information for the board. Clark has 27 years of experience as a forensic accountant and is a retired Naval Reserve intelligence officer and former IRS special agent.

Philip T. Calder, CPA, retired as GAO representative on the Federal Accounting Standards Advisory Board (FASAB), on which he had served since 1996. Calder joined the GAO after a 35-year career with Arthur Young & Co. and Ernst & Young.

FASAB’s sponsors—John W. Snow, Treasury secretary; Joshua B. Bolton, Office of Management and Budget director; and David M. Walker, U.S. comptroller general—who authorize accounting and financial reporting standards for federal entities, reappointed three CPAs to the board: Chairman David Mosso, James M. Patton and John A. Farrell.