FAF APPOINTS PAIR TO GASBNORWALK, CONN. - The Financial Accounting Foundation, overseer to both the Financial Accounting Standards Board and the Governmental Accounting Standards Board, appointed Girard Miller and Jan I. Sylvis to five-year terms on GASB.
Their terms begin July 1. Miller and Sylvis will succeed outgoing GASB board members Cynthia Green and Edward Mazur, respectively.
Miller previously served as president of Janus Funds and chief operating officer of asset manager Janus Capital Group.
Sylvis currently is the chief of accounts for Tennessee's Department of Finance & Administration, where she serves as state controller.
AUDIT GROUP ADDS TWO SEC DIRECTORS
WASHINGTON, D.C. - The Center for Audit Quality, the group backed by the profession's six largest audit firms as well as the American Institute of CPAs, has lured aboard a pair of high-level staffers from the Securities and Exchange Commission.
Lori Schock, the SEC's acting director of investor education, and general counsel Robert Burns joined the new group in May.
Schock assumed the post of director of outreach, while Burns became the CAQ's new director of research. The group, which evolved from the AICPA's Center for Public Company Audit Firms, currently has about 800 members.
The center's executive director, Cindy Fornelli, and director of operations, Jane Cobb, are both former senior-level directors at the SEC. Fornelli served as deputy director of the SEC's investment management division, while Cobb helmed the regulator's legislative affairs office. Fornelli and several of the CAQ board are scheduled to embark on a multi-city "listening tour" to elicit feedback from investors, regulators, academics and business leaders to hone the business reporting model.
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