Public Debate, Transparency Keystones of the Standard-Setting Process: FAF's Polley

"Public debate and transparency are keystones of the standard-setting process," the Financial Accounting Foundation's President and CEO Terri Polley recently told a group attending the FAF's first annual Capital Markets Dinner. The event, held at NYSE-Euronext in New York, and including FAF, FASB and Governmental Accounting Standards Board leadership ringing the closing bell, also included Internal Revenue Service Commissioner Doug Shulman as a keynote speaker.

Read more about Polley's and Shulman's remarks here. [1]

In related news, the FAF also recently published its 2011 annual report and 2012 budget [2].