News & Media

FAF Issues Statement of Appreciation for Award From National Association of Black Accountants

Norwalk, CT, June 29, 2015—Norwalk, CT, June 29, 2015—The following statement should be attributed to Teresa S. Polley, president and chief executive officer of the Financial Accounting Foundation (FAF): “On behalf of the FAF, the FASB, and the GASB, I’d like to express our deepest appreciation and thanks to the National Association of Black Accountants (NABA, Inc.) for....

Statement

Registration Opens for June 23 FASB Webcast for Private Companies & Not-For-Profit Organizations

Norwalk, CT, June 12, 2015—Registration now is open for an upcoming Financial Accounting Standards Board (FASB) webcast that provides an update on the FASB’s standard-setting activities pertaining to private companies and not-for-profit (NFP) organizations. IN FOCUS: FASB Update for Private Companies and Not-for-Profit Organizations will take place on Tuesday, June 23, 2015, from 1:00 to 2:40 p.m. EDT....

News Release  | Course Description and Registration

Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting

Representatives of the Financial Accounting Standards Board (FASB) and the Accounting Standards Board of Japan (ASBJ) met on June 8 and 9, 2015 in Norwalk. This meeting was the eighteenth in a series of biannual meetings between the FASB and the ASBJ to further the Boards’ cooperative efforts to develop high-quality global accounting standards....

News Release

FAF Statement on United Way of Coastal Fairfield County Award to FASB Chair Russell Golden and Tracey Golden

Norwalk, CT, June 9, 2015—The following statement should be attributed to Teresa S. Polley, president and chief executive officer of the Financial Accounting Foundation (FAF)....

Statement

FAF Names Robert W. Scott as Chairman of GASAC; Appoints New GASAC and FASAC Members

Norwalk, CT, May 22, 2015—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the appointment of Robert W. Scott, director of finance for the city of Brookfield, Wisconsin, as Chairman of the Governmental Accounting Standards Advisory Council (GASAC)....

News Release

FASB Issues Accounting Standards Update to Improve Disclosures for Short-Duration Insurance

Norwalk, CT, May 21, 2015—The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) intended to make targeted improvements to disclosure requirements for insurance companies that issue short-duration contracts—in which insurance coverage is provided for a fixed period....

News Release | ASU 2015-09 | FASB In Focus | Understanding Costs and Benefits


Post-Implementation Review Concludes Noncontrolling Interests Standard Achieves Purpose

Norwalk, CT, May 20, 2015—A 2007 accounting standard addressing ownership interests within a company’s subsidiary achieves its purpose and provides useful information to users of financial statements.

News Release | FASB Statement 160 PIR Report |
FASB Response to FAF PIR Report on Statement 160


Financial Accounting Foundation Board of Trustees Reappoints Daryl E. Buck and R. Harold Schroeder to FASB

Norwalk, CT, May 20, 2015—The Board of Trustees of the Financial Accounting Foundation (FAF) today reappointed Daryl E. Buck and R. Harold (Hal) Schroeder to the Financial Accounting Standards Board (FASB). Their new terms are effective July 1, 2015 and end on June 30, 2021....

News Release

  • June 29, 2015 FAF Issues Statement of Appreciation for Award From National Association of Black Accountants
  • June 12, 2015 Registration Opens for June 23 FASB Webcast for Private Companies & Not-For-Profit Organizations
  • June 10, 2015 Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting
  • June 9, 2015 FAF Statement on United Way of Coastal Fairfield County Award to FASB Chair Russell Golden and Tracey Golden
  • May 22, 2015 FAF Names Robert W. Scott as Chairman of GASAC; Appoints New GASAC and FASAC Members
  • May 21, 2015 FASB Issues Accounting Standards Update to Improve Disclosures for Short-Duration Insurance
  • May 20, 2015 Post-Implementation Review Concludes Noncontrolling Interests Standard Achieves Purpose
  • May 20, 2015 Financial Accounting Foundation Board of Trustees Reappoints Daryl E. Buck and R. Harold Schroeder to FASB

Media Inquiries

All media inquiries are coordinated through the FAF Communications Department

Christine L. Klimek

Senior Manager, Media Relations & Executive Communications
(203) 956-3459 | clklimek@f-a-f.org

John C. Pappas

Senior Manager, Media Relations & Constituent Communications
203-956-3440 | jcpappas@f-a-f.org

Jordan C. (Kip) Betz

Manager, Media Relations & Editorial Services
203-956-5201 | jcbetz@f-a-f.org

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401 Merrit 7, PO Box 5116
Norwalk, CT 06856

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