FASB forms not-for-profit advisory panel
22 Oct 2009
The Financial Accounting Standards Board (FASB) today announced the establishment of the Not-for-Profit Advisory Committee (NAC).
The NAC is intended to serve as a standing resource for the FASB in obtaining input from the not-for-profit sector on existing guidance, current and proposed technical agenda projects, and longer-term issues affecting those organizations. Initially, the NAC will have 12-15 members from the not-for-profit sector. The first meeting of the NAC will take place in the middle of 2010. Click for Press Release (PDF 18k).