Norwalk, CT—August 28, 2019 — The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the appointment of California State Treasurer Fiona Ma to the Governmental Accounting Standards Advisory Council (GASAC), effective immediately. Her initial term will conclude December 31, 2020.
The GASAC advises the Governmental Accounting Standards Board (GASB) on strategic and technical issues, project priorities, and other matters that affect standards setting. The GASAC provides the GASB with diverse perspectives from individuals with varied governmental and professional backgrounds.
Ms. Ma, a Certified Public Accountant, was elected California State Treasurer in 2018. Previously, she served four years as chair of the California State Board of Equalization. From 2006 to 2012, she was a member of the California General Assembly, attaining the role of Speaker Pro Tempore. Prior to that, she spent four years as a member of the San Francisco Board of Supervisors.
“Fiona Ma brings to the GASAC a distinguished track record of leadership and expertise not only in government financial reporting, but also as a former legislator in state and local government,” noted FAF Chairman Charles H. Noski. “We look forward to her contributions to GASAC discussions as part of the group’s mission to provide input to the GASB.”
Ms. Ma was nominated to the GASAC by the National Association of State Treasurers.
For a full list of current GASAC members, visit the GASAC webpage.