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FAF appoints new member to GASAC
Verdict Staff March 17, 2021 (Last Updated March 17th, 2021 17:24)
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The US’ Financial Accounting Foundation (FAF) has appointed Robert Hamilton to the Governmental Accounting Standards Advisory Council (GASAC). He is the statewide accounting and reporting manager for the stat of Oregon.
Hamilton was nominated by the National Association of Auditors, Comptrollers and Treasurers (NASACT) and will assume the role vacated by the appointment of Alan Skelton to the position of director of research and technical activities of the Governmental Accounting Standards Board (GASB). Hamilton will serve a two-year term which will conclude on 31 December 2022, after which he will be eligible for reappointment for two additional two-year terms.
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SACRAMENTO, Calif., March 3, 2021 /PRNewswire/
One, the new digital banking platform focused on improving the financial health and well-being of the middle class, today announced that Barbara Yastine, former Chair and CEO of Ally Bank, has been added to One s board of directors, along with Jay Shah, the President of Personal Capital. Michael Costigan, a former executive with Aspiration, has also joined One s leadership team in the role of VP of Business Development
One is a new banking service that makes managing, saving and growing household savings and affordable credit more intuitive and accessible. Through design, technology and business model innovation, One has created a bank purpose-built for middle-income individuals and families whose offerings include:
The Role of Accounting and Auditing in Addressing Climate Change
By Samantha Ross Getty/Mario Tama
Floodwaters cover a roadway near structures damaged by Hurricane Laura on October 10, 2020, in Cameron, Louisiana.
With President Joe Biden’s recommitment to the Paris climate accord, all eyes are on the policy changes and investments necessary to chart a course to net-zero global greenhouse gas emissions by 2050 and accounting and independent auditing can help keep the United States on track.
Julia Cusick
Introduction and summary
U.S. federal securities laws are founded on the idea that transparency promotes well-functioning capital markets. This is particularly true when it comes to the urgent goal of reducing global greenhouse gas emissions to prevent the devastating impacts of climate change. For companies, those impacts include both physical risks, including the risk that facilities will be destroyed by fire or flood, and risks related to the global transition to a low-