Financial Accounting Foundation (FAF)
Eileen Foley is a Senior Manager at the Financial Accounting Foundation (FAF), overseeing digital operations and strategy for organizations like FASB and GASB. Prior to their current role, Eileen served as the President/CEO of Little Acorn Learning, LLC, where Eileen developed digital homeschooling curriculum. With a background in marketing and public relations, Eileen has held roles at companies like EVOTE.com and Madison Direct Marketing. Eileen holds certificates in Artificial Intelligence, Machine Learning, Digital Marketing, and has a graduate degree in Business Management and Marketing.
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Financial Accounting Foundation (FAF)
Established in 1972, the Financial Accounting Foundation (FAF) is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut responsible for the oversight, administration, financing, and appointment of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB). The FASB and GASB establish and improve financial accounting and reporting standards – known as Generally Accepted Accounting Principles, or GAAP – for public and private companies, not-for-profit organizations, and state and local governments in the United States. The FAF directs the effective, efficient, and appropriate stewardship of the FASB and GASB in carrying out their missions; selects and appoints FASB and GASB members and their advisory councils; oversees the Boards’ activities and due process; and promotes and protects the independence of the Boards. The FAF Board of Trustees comprises 14-18 members from varied backgrounds—users, preparers, and auditors of financial statements; state and local government officials; academics; and regulators. For more information about the FAF, visit www.accountingfoundation.org