FASB Outlook

From the Chairman's Desk:
How the FASB Addresses Implementation Issues

An important part of the FASB’s mission of developing a high-quality standard is monitoring its implementation and assisting preparers and other practitioners in their understanding and ability to consistently apply a new standard.
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Tom Linsmeier Looks to the Future
As He Leaves the Board

While there have been many significant accomplishments during my years with the FASB, I want to focus on issues that remain to be addressed: improvements to the conceptual framework, reporting financial performance, intangible assets, and the future of international convergence.
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For the Investor:
Giving the Cash Flow Statement Its Due

By Marc Siegel, FASB Member

There is a recurring view that companies and their investors need to have better communication about cash flow. Perhaps it’s time to highlight the GAAP-based cash flow statement and how it can be used and how it might be improved.
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  • From the Chairman's Desk:
    How the FASB Addresses Implementation Issues
  • Tom Linsmeier Looks to the Future
    As He Leaves the Board
  • For the Investor:
    Giving the Cash Flow Statement Its Due

What You Need to Know about Hedging

In the coming months, the FASB will issue a proposal to improve and simplify the hedge accounting model for financial instruments and nonfinancial items, so it more closely aligns with companies’ risk management activities.
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An Update on Implementing the New Revenue Standard

Organizations should start preparing to implement the new revenue recognition standard. The FASB and the IASB made a few recent improvements that should help organizations implement the standard in a high-quality and cost-effective manner.
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Featured Video


The GAAP Taxonomy: Why It’s Important
In this brief video, members of the FASB XBRL Team provide context around key aspects of the GAAP Taxonomy.


FASB Calendar