šFASB's New Not-for-Profit Advisory Committee Members
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The FASB has just appointed four new members to its Not-for-Profit Advisory Committee, bringing fresh insights and expertise to the table starting immediately.
Key Points
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š Effective Immediately: The new appointments start today.
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š„ Meet the New Members: Christina Dutch, Jennifer Hoffman, Diane Manning, and Pete Ugo.
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šļø Four-Year Terms: These members will serve until December 31, 2028.
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š§ Expertise Added: The new members bring a wealth of experience in the not-for-profit sector.
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š¬ Leadership Speaks: FASB Chair Richard R. Jones is excited about the fresh perspectives.
š Fresh Faces at FASB
The Financial Accounting Standards Board (FASB) has made a splash by appointing four new members to its Not-for-Profit Advisory Committee (NAC). Starting today, these fresh faces will bring their wealth of expertise to help guide the FASB on financial reporting matters affecting not-for-profits.
š„ Meet the New Members
Christina Dutch: Partner at PwC US
Jennifer Hoffman: Partner at Grant Thornton LLP
Diane Manning: Northeast Industry Lead at Capital One
Pete Ugo: Partner at Crowe LLP
These professionals will serve four-year terms, ending on December 31, 2028. FASB Chair Richard R. Jones noted, > "Iām pleased to welcome them to their roles and look forward to their insights on standard-setting issues affecting not-for-profit stakeholders."
š Changing of the Guard
As we welcome the new members, we also bid farewell to John Alfonso, Tina Dzik, and Christine Terhark, who concluded their service on December 31, 2024. Jones appreciated their valuable input and years of service, emphasizing their role in supporting FASB's mission to develop standards that provide crucial information for financial decision-making.
