Accounting Guidance from FASB (Accounting & Auditing Conference)

Michael K. Cheng, CPA
Supervising Project Manager - Private Company Council Coordinator
Financial Accounting Standards Board (FASB)

Mike Cheng joined the staff of the Financial Accounting Standards Board (FASB) in 2012.  Mike serves as the Private Company Council (PCC) coordinator where he is responsible for all PCC related matters. He also led the Board’s private company decision making framework project focused on determining whether and in what circumstances it is appropriate to adjust financial reporting requirements for private companies following Generally Accepted Accounting Principles (GAAP). Currently, Mike is leading a project to help the Board decide its future agenda.

Prior to joining the FASB, Mike held various management positions with PricewaterhouseCoopers (PwC). Most recently, he was an Audit Senior Manager―Private Company Services in the firm’s Stamford, Connecticut office.  From 2003-2011, he also held roles of increasing responsibility in PwC’s Core Assurance divisions in Buffalo and Rochester, New York.

Mike earned his Bachelor of Science degree in Accounting with a concentration in Finance from Binghamton University in Binghamton, New York.

Sept. 2016