News Release 09/29/16


Norwalk, CT, September 29, 2016—The Financial Accounting Standards Board (FASB) will host two public roundtable meetings on its Invitation to Comment on Agenda Consultation, which the FASB issued to solicit feedback about potential financial accounting and reporting topics that the FASB should consider adding to its agenda.

The purpose of the roundtables is to provide an opportunity for those who have submitted a comment letter to discuss their feedback on the Agenda Consultation with Board members in greater detail. The Board is seeking participation from financial statement users, preparers, auditors, and others.

Those interested in participating in one of the roundtables should register online by Monday, October 31, 2016. Nonparticipating observers also should register in advance (seating is available on a first-come, first-served basis).

Wednesday, November 16, 2016
FASB Offices
401 Merritt 7
Norwalk, CT 06856

(This meeting will be audio webcast and archived on the FASB website for 30 days following the meeting.)
Session time: 1:00 p.m. – 4:00 p.m. EST

Tuesday, November 29, 2016
Stanford University Graduate School of Business
Oberndorf Event Center
North Building Room 302
641 Knight Management Center,
Stanford, CA 94305-5015

(This meeting will not be webcast. Within a few days after the meeting, an audio recording will be made available on the FASB website for 30 days.)
Session time: 8:30 a.m. – 11:30 a.m. PST

About the Financial Accounting Standards Board

Established in 1973, the FASB is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut, that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally Accepted Accounting Principles (GAAP). The FASB is recognized by the Securities and Exchange Commission as the designated accounting standard setter for public companies. FASB standards are recognized as authoritative by many other organizations, including state Boards of Accountancy and the American Institute of CPAs (AICPA). The FASB develops and issues financial accounting standards through a transparent and inclusive process intended to promote financial reporting that provides useful information to investors and others who use financial reports. The Financial Accounting Foundation (FAF) supports and oversees the FASB. For more information, visit