Shayne Kuhaneck is the acting technical director of the Financial Accounting Standards Board (FASB). In this role, he manages the FASB’s technical accounting and research activities and staff.
Prior to his appointment to his current position, Mr. Kuhaneck was the FASB’s assistant director of technical activities, where he oversaw implementation activities for FASB standards and projects related to credit losses, hedging, recognition and measurement of financial instruments, and leases. He also directed projects that include nonemployee share-based payments, consolidations, and distinguishing liabilities from equity.
Mr. Kuhaneck re-joined the FASB in June of 2015. Previously, he served as a senior technical advisor in GE Capital’s Accounting Policy Group, where he focused on technical accounting matters related to acquisitions and dispositions of significant businesses, impairment of financial assets, derivatives and hedging activities, consolidation, and debt and equity classification matters.
Prior to joining GE Capital, Mr. Kuhaneck was a member of KPMG’s Audit practice in Hartford, Connecticut. His audit experience includes global public companies and private companies. His clients primarily were in the consumer products, manufacturing, and technology industries. Mr. Kuhaneck provided audit services to companies reporting under U.S. GAAP and has extensive experience advising on technical accounting issues related to financial instruments.
Mr. Kuhaneck is a veteran of the United States Navy, where he served as a member of the submarine force.
He has a B.S. in accounting from the University of Connecticut. He is a CPA in Connecticut.