The American Institute of Certified Public
Accountants (AICPA) and the Financial Accounting Standards Board
(FASB) have appointed three new members to the private company
financial reporting committee (PCFRC).

The PCFRC is part of an initiative by the
AICPA and the FASB to improve the standard-setting process.

The new committee members are:

  •          George Beckwith,
    who works for building products manufacturer National 
    Gypsum Company;
  •          Stephen Bodine,
    who comes from the accounting and consultancy firm LarsonAllen;
    and
  •          Steven Lords, who
    works for general contractor company Martin-Harris