The Board of the Financial Accounting Foundation (FAF) are seeking nominations for a new member of the Private Company Council (PCC). The PCC advises the Financial Accounting Standards Board (FASB). The member’s term will be for three years beginning January 1, 2026, with the possibility of reappointment to an additional three-year term. The PCC advises the FASB on the appropriate accounting treatment for private companies for items under active consideration on the FASB’s agenda. The PCC also advises the FASB on possible alternatives within Generally Accepted Accounting Principles (