NEWS & MEDIA

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Small Business Advisory Committee Meeting Recap

Norwalk, CT, December 1, 2023—The Small Business Advisory Committee (SBAC) met on November 9, 2023 at the FASB’s offices. At the meeting, the SBAC members provided input on the following topics:

Meeting Recap
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FASB Issues New Segment Reporting Guidance

Norwalk, CT, November 27, 2023—The Financial Accounting Standards Board (FASB) today issued a final Accounting Standards Update (ASU) that improves disclosures about a public entity’s reportable segments and addresses requests from investors and other allocators of capital for additional, more detailed information about a reportable segment’s expenses....

Media Advisory | ASU 2023-07 | Video
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Investor Advisory Committee Meeting Recap

Norwalk, CT, November 15, 2023—The Investor Advisory Committee (IAC) met on November 2, 2023. Below is a summary of topics discussed at the meeting:

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Financial Accounting Foundation Appoints Hillary H. Salo to the Financial Accounting Standards Board

Norwalk, CT, November 14, 2023—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the appointment of Hillary H. Salo to a five-year term on the Financial Accounting Standards Board (FASB)....

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Financial Accounting Foundation Reappoints Susan M. Cosper to the Financial Accounting Standards Board

Norwalk, CT, November 14, 2023—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the reappointment of Susan M. Cosper to a second five-year term on the Financial Accounting Standards Board (FASB) effective July 1, 2024, and concluding on June 30, 2029....

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Financial Accounting Foundation Names David Finkelstein to the Private Company Council

Norwalk, CT, November 14, 2023—The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed David Finkelstein to the Private Company Council (PCC), effective January 1, 2024....

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Registration Opens for December 11 FASB Webcast for Private Companies and Not-for-Profit Organizations

Norwalk, CT, November 9, 2023—Registration is now open for an upcoming webcast that will provide a semiannual update on the Financial Accounting Standards Board’s (FASB) standard-setting activities pertaining to private companies and not-for-profit organizations....

Media Advisory | Webcast Registration
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Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting

Norwalk, CT, October 18, 2023—Representatives of the Financial Accounting Standards Board (FASB) and the Accounting Standards Board of Japan (ASBJ) held...

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Financial Accounting Standards Advisory Council Meeting Recap—September 21, 2023

Norwalk, CT, October 17, 2023—The Financial Accounting Standards Advisory Council (FASAC) held its quarterly meeting on Thursday, September 21, 2023. The FASB chair provided highlights on FASB activities, and the SEC, PCAOB, and AICPA staff members commented on current issues and activities. Council members discussed the following topics.

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MEDIA INQUIRIES

All media inquiries are coordinated through the FAF Communications Department

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FASB IN FOCUS/FACT SHEETS

FASB in Focus/Fact Sheets deliver a concise summary of major initiatives, focusing on impact to users.

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PRESENTATIONS & SPEECHES

FASB representatives travel around the world to update stakeholders on important initiatives and their impact to business.

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IN THE NEWS. . .

Archive of FASB announcements categorized by year.

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VIDEOS

Videos featuring FASB leaders addressing key projects.

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