In Memory of Marshall S. Armstrong: The First Chairman of the Financial Accounting Standards Board

This paper discusses the contributions of Marshall S. Armstrong to accounting and the accounting standard-setting process as the first Chairman of the Financial Accounting Standards Board (FASB). The paper reflects on Armstrong's leadership roles in public accounting and professional organizations including the American Institute of CPAs and the FASB. The paper further comments on how Armstrong's personal qualities such as dedication, confidence, and chivalrous approach to issues contributed to the success of the FASB in its early years. Marshall Armstrong passed away on October 23, 2005.