FASB Chairman

Education & Careers

Russell G. Golden Named New FASB Chairman

Russell G. Golden has been named the next chairman of the Financial Accounting Standards Board (FASB) effective July 1, 2013. Golden will succeed current FASB Chairman Leslie F. Seidman, whose term ends June 30.

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What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
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