On December 1, the Board of Trustees of the Financial Accounting Foundation (FAF) announced the appointment of blog host Thomas White as one of five new members of the Financial Accounting Standards Advisory Council (FASAC). The FASAC is responsible for advising the Financial Accounting Standards Board (FASB) on strategic issues, project priorities and other matters that affect accounting standard setting. FASAC members are selected from a cross-section of the FASB's stakeholders, including users, preparers, practitioners, academics, association members, audit committee members and others interested in the integrity of full and complete financial reporting and disclosures. See this article for details about Tom's appointment to the FASAC.