Lee Klumpp Appointed to FASB Nonprofit Industry Fellowship

We are excited to announce that our own blogger Lee Klumpp has been selected for a two year Financial Accounting Standards Board (FASB) Industry Fellowship Program. As a project manager, Lee will focus on implementation and emerging practice problems in the industry. His work will include making recommendations to the Board on technical issues and developing and drafting Statements, Interpretations, FASB Staff Positions and Question and Answer Implementation Guides. In addition, Lee will draw from his research and analysis of the nonprofit community to lead Board discussions on the accounting issues affecting nonprofit organizations.
Lee will continue to share his insights as a blogger for the Nonprofit Standard. You can read more about his new role HERE.