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FASB refines Investor Advisory Committee objectives

  • FASB (US Financial Accounting Standards Board) Image

Nov 07, 2016

The FASB has announced refinements to the objective of its Investor Advisory Committee (IAC) as part of its periodic review of the committee’s effectiveness.

The refined IAC “will advise the FASB in two primary areas, including generalist issues (such as Disclosure Framework, Hedging, and other broad projects added to the future agenda) and emerging trends. Future IAC meetings also may include breakout sessions, as well as substantive public sessions.”

FASB member Marc Siegel will serve as the board liaison to the IAC. The FASB is looking to broaden IAC membership and is seeking nominations for new IAC members.

For more information, see the press release on the FASB’s Web site.

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