Susan M. Cosper, previously the technical director for the Financial Accounting Standards Board (FASB), was appointed as a FASB member on May 1, for a term that will run through 2024. As technical director, she was a driving force behind many landmark accounting standards, as well as the formation of the Private Company Council (PCC), an advisory body to the FASB on private company matters. She took the time to talk to The Trusted Professional about the transition from staff to board member, challenges to the financial accounting landscape, and the future of the accounting profession.