New Chair for Federal Accounting Board: Leadership Shuffle Announced
Published Date: 4/8/2026
Notice
Summary
Terry Patton is now the new chair of the Federal Accounting Standards Advisory Board starting April 1, 2026, leading the team until mid-2029. Eric Berman and William Morehead also joined the Board on April 19, 2026, each for a five-year term. These appointments keep the Board strong and ready to guide federal accounting rules, with no immediate money changes but big leadership moves ahead!
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