Outgoing Financial Accounting Standards Board Chair Russell Golden spoke to the rulemaker’s fourth-quarter activities and the transition to his successor, EY’s Richard Jones, at a Financial Accounting Foundation (FAF) board of trustees meeting Tuesday.
In the fourth quarter, FASB did not add any new projects to the agenda, a decision made with Jones’ full-time starting date next week in mind. “We have agreed to, in the second quarter, have a broad-based agenda discussion with the Board as to which projects we want to move forward on and which projects we want to take off our agenda,” Golden said.
