1/2 c. butter
1/3 c. milk
3 1/2 tbsp. cocoa
1 (16 oz.) pkg. powdered sugar
1 c. chopped pecans

Combine butter, milk, and cocoa in saucepan; cook over medium heat. Stir until boils. Remove from heat; add sugar. Stir with wire whisk until smooth. Stir in pecans. May add 2 tablespoons milk for spreading consistency.