Thursday, October 22, 2009

FASB Announces Creation of Non-for-Profit Advisory Committee

The Financial Accounting Standards Board announced today that it will create a Non-for-Profit Advisory Committee of 12-15 people.  The NAC will "provide an important discussion forum on critical issues and a key vehicle for hearing perspectives from the not-for-profit sector."  In addition, the NAC will assist the FASB and its staff in communicating information to the not-for-sector.  The FASB will begin accepting nominations in December.


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http://lawprofessors.typepad.com/nonprofit/2009/10/fasb-announces-creation-of-nonforprofit-advisory-committee.html

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