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FASB enrolls investment community in standard setting process
FASB enrolls investment community in standard setting process
The Council will assist the FASB in raising awareness of how investors and investment professionals, equity and credit analysts and rating agencies use financial information. The Council will serve as a resource to the FASB both in formulating its technical agenda and on specific projects that the Board undertakes.
By reaching out to a long list of user groups and major financial institutions to establish the Council, the FASB has recruited more than 35 professionals, representing a variety of investment and analytical disciplines.
(Source : http://www.accountingweb.com/)