Norwalk, Conn. - 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 their respective posts by the Financial Accounting Foundation, overseer of both FASB and GASB.
Norwalk, Conn. — 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 their 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, in February, GASB elected Robert H. Attmore, a former deputy comptroller for New York State, as chairman, succeeding Tom Allen.
