Richard Jones named next FASB chair

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19 Dec 2019

The Financial Accounting Foundation (FAF) has announced that the next chair of the FASB will be Richard R. Jones. Effective 1 July 2020, Mr Jones will be succeeding the current chair, Russell G. Golden.

Mr Jones’ first term as chair will last until 30 June 2023, when he will be eligible for a second term lasting three years.

Mr Jones is chief accountant and partner at Ernst & Young LLP. He is a former member of the FASB’s Financial Accounting Standards Advisory Council and the AICPA’s Accounting Standards Executive Committee.

For more information, see the press release on the FAF’s website.

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