Financial Accounting Foundation (FAF)
Denny Zheng has a background in computer science and extensive experience in information systems and technology management. With a focus on overseeing projects, managing budgets, and improving processes, Zheng has held positions in various companies including Financial Accounting Foundation, Danone North American Companies, and The Hershey Company. Zheng's roles have included directing IT operations, managing critical business applications, and leading project and program management efforts.
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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