Happenings at Board of Directors' December meeting.

• Position: Member news

Following are some of the more significant actions and events that took place at the AICPA Board of Directors' meeting Dec. 2-3, 2004:

* Chair of the Board Bob Bunting reported on his recent outreach activities and emphasized the importance of the outreach program to build better relations with state societies, members and other organizations. Bunting's appearances included the National Association of State Boards of Accountancy Annual Meeting, the AICPA Business & Industry Conference and the International Federation of Accountants' Council meeting.

* A preliminary report was given on the Private Company Financial Reporting Task Force's survey results related to GAAP financial reporting for non-public entities. The task force is expected to finalize its efforts in the near future.

* Board members were updated on the Institute's Peer Review Transparency Awareness Program. The AICPA has started to get some feedback from members...