Alicia A. Posta, Assistant Director
Executive Director, Financial Accounting Standards
Advisory Council

Alicia A. Posta is an assistant director of technical activities at the Financial Accounting Standards Board (FASB) and the executive director of the Financial Accounting Standards Advisory Council (FASAC). In those roles, she is involved with various technical projects, serves as the primary administrator of the FASAC’s activities, and facilitates many of the FASB’s activities with its stakeholder groups, who provide input into its decision-making processes.

Prior to her promotion to an assistant technical director, Ms. Posta served as the primary administrator for the activities of FASAC (the FASB’s primary advisory group, which was formed in 1973) and other FASB standing advisory groups, including the Investor Advisory Committee (IAC), the Not-for-Profit Advisory Committee (NAC), and the Small Business Advisory Committee (SBAC). Before her involvement with the FASB advisory groups, Ms. Posta was a project manager for the FASB. Ms. Posta joined the FASB staff in May 2001 and has primarily worked on the FASB’s projects on business combinations, mergers and acquisitions by a not-for-profit organization, income taxes, and revenue recognition.

Ms. Posta previously worked for Ernst & Young in Stamford, Connecticut where she was a senior auditor in the Assurance and Advisory Business Services Department.

A New England native, Ms. Posta received her Bachelor’s degree in Business Administration, with a concentration in accounting, from Bryant College (now Bryant University) in Rhode Island.

Ms. Posta is a CPA in the state of Connecticut.