FASB Names New Members to Its Small Business Advisory Committee

Norwalk, CT, March 14, 2019—The Financial Accounting Standards Board (FASB) today announced the appointment of two new members to its Small Business Advisory Committee (SBAC).

The SBAC serves as a standing resource for the FASB. Its role is to provide focused input and feedback from a small public company perspective, consider whether there are differences in that input for small public versus private company perspectives, and assist the FASB and its staff on matters for which the FASB may seek guidance.

The new members of the SBAC are:

• Frank J. Cesario (Chief Financial Officer of CTI Industries Corporation)
• Christopher J. Lafond (Chief Financial Officer of Insurity). 

“Frank Cesario and Christopher Lafond will bring valuable perspectives to the SBAC and its mission to provide the FASB with input on issues of importance to small public companies,” stated FASB Chairman Russell G. Golden. “On behalf of the FASB, I look forward to their contributions to SBAC discussions and I am pleased to welcome them to their new roles.”

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