Timothy P. Flynn, chairman and chief executive of Big Four firm KPMG, has been appointed to the board of the Financial Accounting Foundation.
The FAF is the overseer and administrator for both the Financial Accounting Standards Board and the Governmental Accounting Standards Board.

A 26-year veteran at KPMG, Flynn was elected chairman and CEO of the firm in June. He previously served as vice chair for the firm's audit and risk advisory unit.

"Tim's distinguished background in the accounting industry, and as leader of a firm that is dedicated to professional excellence, will serve the foundation well in our responsibility to oversee the FASB and GASB in their missions to objectively establish and improve accounting standards," said Robert E. Denham, chairman of the FAF's board.

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