Norwalk, Conn. (Feb. 23, 2004) -- Edward Trott, a five-year member of the Financial Accounting Standards Board, and Paul R. Reilly, a member of the Governmental Accounting Standards Board, have each have been re-elected to those respective posts by the Financial Accounting Foundation, overseer of both FASB and GASB.

Trott, who joined FASB in 1999 from Big Four firm KPMG, where he was a partner, will serve a five-year term.

Reilly, a former controller for the city of Madison, Wis., who has served nine years with GASB, will serve a one-year term. The maximum tenure for a GASB board member is 10 years.

Both appointments become effective July 1.

Earlier this month, GASB elected Robert H. Attmore, a former deputy comptroller for New York State, as chairman, succeeding Tom Allen.

-- WebCPA staff

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