FASB Names New Members to Its Not-for-Profit Advisory Committee

Norwalk, CT, February 1, 2021—The Financial Accounting Standards Board (FASB) today announced the appointment of three new members to its Not-for-Profit Advisory Committee (NAC).

The NAC serves as a standing resource for the FASB. Its role is to obtain input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer term or pervasive financial reporting matters affecting those organizations.

The new members of the NAC are:

• John Alfonso, Partner, Not-For-Profit & Education Industry Leader, CohnReznick LLP (New York, NY)
• Tina Dzik, Partner, Cohen & Company (Cleveland, OH)
• Christine Terhark, Audit & Assurance Managing Director, Deloitte & Touche LLP (Des Moines, Iowa).

“On behalf of the FASB, I am pleased to welcome John, Tina, and Christine to the NAC,” stated FASB Chair Richard R. Jones. “Their selection to this key advisory group will further enhance its robust input to the FASB on matters of importance to diverse not-for-profit organizations.”

For more information about the NAC and its activities, visit www.fasb.org.