Financial Accounting Foundation


October 14, 2009

The Financial Accounting Foundation (FAF) is seeking candidates to fill a vacancy occurring on its Board of Trustees at year-end 2009. The FAF Board of Trustees is an independent body of leaders in their professions with diverse backgrounds and expertise in areas of business, finance, investment, accounting, government, investor advocacy, education and other professions involved in the activities of the financial and capital markets.

Qualified candidates will be highly regarded within their professions, possess an understanding of the US and global financial and capital markets, and have a strong appreciation for the importance to the markets, the investment community and the public at large of independent standard setting for financial accounting and reporting. Qualified candidates will be committed to the mission of the FAF, demonstrate a concern for the public interest, and have an appreciation for the varying interests and perspectives of investors and other users of financial information and the preparers and auditors of financial reports.

Trustees’ responsibilities include appointing FASB and GASB Board members; promoting and protecting the integrity, transparency and independence of the standard-setting activities of the FASB and GASB; providing oversight of the due process followed by the Boards; ensuring accountability of the Boards in carrying out their missions; providing leadership over the short- and long-range strategic plans of the organization; and overseeing the finances and budget of the Foundation. Trustees must be able to meet the time commitment, which includes but is not limited to regular quarterly meetings and several committee meetings each year. The appointment will be for five years, from January 2010 through December 2014.

Interested and qualified candidates are requested to submit CV and introduction via email to: Or mail to Board of Trustees – FAF, c/o Robert H. Kalina, Vice President, Human Resources, Financial Accounting Foundation, 401 Merritt 7, Norwalk, CT  06856