News Release 05/14/14

BRET DOOLEY APPOINTED TO THE EMERGING ISSUES TASK FORCE


Norwalk, CT, May 14, 2014
—The Chairman of the Financial Accounting Standards Board (FASB) Russell G. Golden today appointed Bret Dooley to its Emerging Issues Task Force (EITF). Mr. Dooley is a managing director and director of corporate accounting policies at JPMorgan Chase & Co., where he is involved in accounting and disclosure matters affecting the financial services industry, including financial instruments, derivatives, and securitizations.

Mr. Dooley will serve a five-year, renewable term beginning June 1, 2014.

“We are very pleased to welcome Bret to the task force,” said EITF Chairman Susan M. Cosper. “Bret’s extensive background in the financial services industry and public accounting will be integral to task force discussions about key implementation, application, and other issues; and we look forward to his participation in our decision-making process.”

The EITF assists the FASB in improving financial reporting through the timely identification, discussion, and resolution of financial accounting issues. Members of the EITF are chosen from a cross section of the FASB’s constituents, including public accounting firms, preparers of financial statements, and users of financial statements. More information on the EITF, including current members, agenda, and meeting schedule, can be found here.


About the Financial Accounting Standards Board


Since 1973, the Financial Accounting Standards Board has been the designated organization in the private sector for establishing standards of financial accounting and reporting. Those standards govern the preparation of financial reports and are officially recognized as authoritative by the Securities and Exchange Commission and the American Institute of Certified Public Accountants. Such standards are essential to the efficient functioning of the economy because investors, creditors, auditors, and others rely on credible, transparent, and comparable financial information. For more information about the FASB, visit our website at www.fasb.org.