FASB Appoints New Chairman

FASB Appoints New Chairman

Blog Focus on Accounting, Audit Committees and the Law

The Financial Accounting Standards Board announced on April 23 that Russell Golden has been appointed its new Chairman for a term beginning July 1, 2013. Mr. Golden, who succeeds Leslie Seidman, has been a member of the FASB since 2010 and previously was its technical director. Mr. Golden’s objectives will include “putting the interests of investors first; working to make financial reporting as clear, transparent and useful as possible; and never losing sight of the balance between costs and benefits.”

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