FASB opens search for next technical director

The Financial Accounting Standards Board opened a formal search for the next FASB technical director, who serves as the principal advisor to the FASB chairman and board.

Reporting to the FASB chairman, the technical director is also the primary representative of FASB to stakeholders — which include regulators, accounting firms, companies and investors — in communicating FASB views on technical accounting matters.

The technical director leads and manages FASB’s 70-member technical staff, along with projects on FASB’s technical and research agendas, XBRL, budget, project-related communications, operating policies, procedures and process improvements.

The FASB technical director also chairs the Emerging Issues Task Force and has primary oversight for reviewing and maintaining the content of the Accounting Standards Codification.

FASB seeks candidates with a high degree of financial accounting and reporting expertise, its practical applications in business, and a deep knowledge of research methodology and the due process methods of operation of FASB.

The full job description and requirements are available on the Financial Accounting Foundation website. Applications are due by Jan. 17, 2020.

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