FASB forms not-for-profit advisory panel

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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).

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