News Releases

MEDIA INQUIRIES
All media inquiries regarding FAF, FASB and GASB are coordinated through the FAF Communications Department.

National news outlets, daily newspapers and wire services, contact:
Neal E. McGarity, Director of Communications
203-956-5347
nemcgarity@f-a-f.org

Trade and industry publications, contact:
Christine L. Klimek, Communications Manager
203-956-3459
clklimek@f-a-f.org

Fax: 203-849-9714
401 Merritt 7, PO Box 5116
Norwalk, CT 06856

GASB Proposes to Transfer Guidance from AICPA Auditing Literature—Proposal Intended to Assist Preparers in Applying Guidance
August 28, 2008

GASB Issues a Request for Response on Proposed Suggested Guidelines for Voluntary Reporting of SEA Performance Information
July 31, 2008

Girard Miller to Resign from Governmental Accounting Standards Board
July 14, 2008

GASB Issues Statement No. 53, Accounting and Financial Reporting for Derivative Instruments
June 30, 2008

Financial Accounting Foundation Names Teresa S. Polley President and Chief Operating Officer
May 21, 2008

GASB Revamps 2008 Technical Plan
Adds Projects on Retirement Benefits, Public/Private Partnerships, and Reporting Units
April 24, 2008

GASB Issues an Exposure Draft seeking input on proposed changes to Concepts Statement No. 2, Service Efforts and Accomplishments Reporting
April 4, 2008

GASB Acts to Improve the Reporting of Fund Balance Information for the Benefit of Financial Statement Users
February 29, 2008

The Financial Accounting Foundation Board of Trustees Approves Changes to Oversight, Structure and Operations of FAF, FASB and GASB
February 26, 2008

GASB Issues Standard on Land and Other Real Estate Held as Investments by Endowments
November 21, 2007

GASB Releases 2007-2008 Annual Bound Editions
October 15, 2007

GASB Seeks Public Input on Derivatives Proposals
October 01, 2007

GASB Issues Standard on Intangible Assets
July 10, 2007

GASB Proposes Standards for Reporting Government Derivatives—Proposal Would Make Transactions More Transparent to Public
June 29, 2007

GASB Defines Elements of Financial Statements
June 26, 2007

GASB Reconciles Disclosure Requirements for Governmental Pensions and Retiree Healthcare
May 31, 2007

Financial Accounting Foundation Appoints Girard Miller and Jan I. Sylvis to Governmental Accounting Standards Board
April 26, 2007

GASB Adds Project to Assist Governments That Choose to Report Performance Information
April 6, 2007

GASB Proposes Standards for Reporting Land and Other Real Estate Held as Investments
March 23, 2007

Deadline Approaching to Comment on GASB's Intangible Assets Proposal
March 7, 2007

The Financial Accounting Foundation Reappoints Timothy P. Flynn and James H. Quigley to Its Board of Trustees—Independent Oversight Body of FASB and GASB Also Appoints Three New Trustees, Robert T. Blakely, Ellyn L. Brown, and John J. Radford
January 30, 2007

James M. Williams Reappointed to the Governmental Accounting Standards Board
January 24, 2007

GASB to Hold User Roundtable and Public Hearing on Fund Balance Reporting and Governmental Fund Type Definitions
January 17, 2007

GASB Proposal Would Establish Guidance for Intangible Assets
December 27, 2006

GASB Proposal Would Enhance Disclosure Requirements for Governmental Pension Plans
December 15, 2006

GASB Issues Final Standard on Accounting for Pollution Remediation Obligations
December 1, 2006

GASB Publishes Comprehensive Implementation Guide
November 3, 2006

GASB Invites Public Comment on Accounting Issues Related to Fund Balance Reporting and Governmental Fund Type Definitions
October 20, 2006

GASB Issues Statement to Clarify Guidance on Accounting for Sales and Pledges of Receivables and Future Revenues
September 29, 2006

Carol A. Kraus, CPA, Appointed National Association of State Budget Officers Representative to the GASAC
September 22, 2006

Proposed GASB Concepts Statement Defines the Seven Elements of Governmental Financial Statements
August 14, 2006

GASB Issues Technical Bulletin That Clarifies Reporting of Medicare Part D Payments to State and Local Governments
June 30, 2006

GASB to Hold Panel Discussions, Public Hearing and User Roundtable on Derivatives
June 29, 2006

GASB Seeks Constituent Views on Major Issues Related to Derivatives—Board Invites Comments on Project to Improve the Accounting and Financial Reporting of Derivatives
June 14, 2006

GASB to Hold Public Hearing on Accounting and Financial Reporting for Derivatives
June 5, 2006

Financial Accounting Foundation Appoints Distinguished Accounting Professor Thomas J. Linsmeier to the FASB
May 16, 2006

The Financial Accounting Foundation Appoints Christopher C. Allen as Director of Government Relations
May 9, 2006

GASB Issues Preliminary Views Document on Major Issues Related to Derivatives
April 28, 2006

Upcoming GASB Proposal Intends to Provide Public with Better Information to Understand, Assess Risks Associated with Derivatives
April 20, 2006

The Financial Accounting Foundation Appoints Susan M. Phillips, Dean of The George Washington University School of Business and Former Federal Reserve Governor, to FAF Board of Trustees
April 14, 2006

Users of Governmental Financial Reports Require Substantially Different Information than Users of Business Financial Reports—GASB White Paper Identifies Key Differences between Financial Reporting for Governments and For-Profit Business Entities
March 16, 2006

Cynthia B. Green and Richard C. Tracy Reappointed to Governmental Accounting Standards Board
March 8, 2006

Financial Accounting Foundation Announces Appointments to Governmental Accounting Standards Advisory Council
March 6, 2006

GASB Issues Proposed Staff Technical Bulletin Intended to Clarify Reporting of Medicare Part D Payments to State and Local Governments
February 17, 2006

GASB Issues Exposure Draft That Would Put the Cost of Cleaning Up Pollution on Governments’ Financial Statements—New Proposal Identifies Five Key Circumstances Under Which Accounting for Pollution Remediation is Required
January 31, 2006

GASB Publishes Implementation Guide to Statement 44 on the Statistical Section
December 29, 2005

GASB Issues Exposure Draft Intended to Clarify Guidance on Accounting for Sales and Pledges of Receivables and Future Revenues—Proposed Statement Would Improve Governmental Financial Reporting Through Greater Consistency, Recognition, and Disclosure
September 30, 2005

The Financial Accounting Foundation Appoints Robert J. DeSantis President and Chief Operating Officer
September 22, 2005

The Financial Accounting Foundation Appoints Rick Anderson to FAF Board of Trustees and Announces Additional Reappointments
September 21, 2005

GASB Publishes Implementation Guide to Statements 43 and 45 on Postemployment Benefits Other Than Pensions
August 8, 2005

GASB Issues Guide to Understanding Service Efforts and Accomplishments Reports
July 29, 2005

GASB Completes Accounting Standards for Termination Benefits
June 27, 2005

GASB to Hold Public Hearing on Pollution Remediation Obligations
June 6, 2005

GASB Publishes Plain-Language Guide to Notes to The Financial Statements and Supporting Information
June 2, 2005

G. Michael Crooch Reappointed to Financial Accounting Standards Board
May 25, 2005

Financial Accounting Foundation Names Marcia L. Taylor to GASB Board; Reappoints William W. Holder to Board
May 23, 2005

Financial Accounting Foundation Appoints Keith L. Johnson as Chairman of the Governmental Accounting Standards Advisory Council
May 23, 2005

Governmental Accounting Standards Board Issues Concepts Statement Related to Communication Methods
April 11, 2005

Governmental Accounting Standards Board Issues Preliminary Views on Issues Related to Accounting and Financial Reporting for Pollution Remediation Obligations
March 25, 2005

GASB Clarifies Reporting Of Net Assets
December 30, 2004

Governmental Accounting Standards Board Issues Technical Bulletin to Clarify Accounting for Employers’ Contributions to Cost-Sharing Pension and OPEB Plans
December 30, 2004

Governmental Accounting Standards Board Issues Exposure Draft on Accounting for Termination Benefits
December 10, 2004

Governmental Accounting Standards Board Issues Proposed Technical Bulletin to Clarify Accounting for Employers’ Pension and OPEB Contributions
October 12, 2004

GASB Issues Statement That Addresses Employer Reporting of Postemployment Benefits Other Than Pensions
August 2, 2004

Governmental Accounting Standards Board Issues Exposure Draft on Budgetary Comparisons That Improves Transparency
December 13, 2002

Financial Accounting Foundation Increases Its Independence Through Amended Trustee Appointment Process
July 25, 2002

Governmental Accounting Standards Board Issues Exposure Draft on Deposit and Investment Risk Disclosures
July 1, 2002

GASB Expands on Financial Reporting Guidance for Fundraising Foundations and Similar Organizations
May 28, 2002

Bart Hildreth is Appointed ABFM’s First Representative to the Governmental Accounting Standards Advisory Council
February 12, 2002

Sharon Russell, AGA Representative to the GASB’s Governmental Accounting Standards Advisory Council
February 12, 2002

James M. Williams Named to the Governmental Accounting Standards Board
January 21, 2002

Edward J. Mazur Reappointed to the Governmental Accounting Standards Board
November 1, 2001

GASB Issues Exposure Draft on Affiliated Organizations
July 31, 2001

GASB Issues Two Statements In Connection with Its Landmark Financial Reporting Model for State and Local Governments
June 28, 2001

GASB Publishes Guide for Financial Statement Analysts
January 30, 2001

GASB Proposes Clarification of Certain Provisions of
Statement 34
January 8, 2001

GASB Publishes New Guide to Public School Financial Statements
December 29, 2000

Green, Tracy Reappointed to Governmental Accounting Standards Board
October 27, 2000

GASB Guide Introduces New Financial Statement Information to Users
October 4, 2000

Initial GASB Statement Proposed in Extensive Effort to Review Current Disclosure Requirements
June 30, 2000

GASB Publishes Guide to Implementing New Financial Statements
May 5, 2000

GASB Establishes Symmetry between Recipients And Providers in Accounting for Certain Shared Revenues
May 5, 2000