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FASB adds three to SBAC

As a part of the SBAC, the trio will provide focused input and feedback from a small public company perspective

The Financial Accounting Standards Board (FASB) has added three new members to its Small Business Advisory Committee (SBAC), effective as of April 20.

Jessica Doran, CFO at Pzena Investment Management, Richard Forrestel, treasurer at Cold Springs Construction, and Jonathan Tomazic, partner at Marcum have all been appointed to the committee.

As a part of the SBAC, the trio will provide focused input and feedback from a small public company perspective.

Moreover, the group is responsible for considering the differences between small public and private firms, while also assisting the FASB on a range of matters.

Richard Jones, chair of the FASB, said: “Jessica, Richard, and Jonathan bring deep experience and unique perspectives to the SBAC on the financial reporting of smaller- and medium-sized businesses.

“I look forward to their contributions to SBAC discussions on how the FASB can best serve this important stakeholder group and its investors.”

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