News & Media

Financial Accounting Foundation Trustees Announce Appointment of New Chair of the Governmental Accounting Standards Advisory Council (GASAC)

Norwalk, CT, August 24, 2021—The Board of Trustees of the Financial Accounting Foundation (FAF) announced today the appointment of Elizabeth (Beth) Pearce as Chair of the Governmental Accounting Standards...

Media Advisory

GASB Issues Proposal to Enhance Concepts for Notes to Financial Statements

Norwalk, CT, July 20, 2021—The Governmental Accounting Standards Board (GASB) today issued a proposed Concepts Statement to guide the Board when establishing note disclosure requirements for state and local governments....

Media Advisory | Revised Exposure Draft

GASB Proposes Omnibus Statement Addressing Wide Range of Practice Issues

Norwalk, CT, July 19, 2021—The Governmental Accounting Standards Board (GASB) has proposed guidance addressing various accounting and financial reporting issues identified during the implementation and application of certain GASB pronouncements or during the due process on other pronouncements....

Media Advisory | Exposure Draft

GASB Provides Guidance to Assist Stakeholders with Application of Its Pronouncements

Norwalk, CT, June 2, 2021—The Governmental Accounting Standards Board (GASB) today issued implementation guidance in the form of questions and answers intended to clarify, explain, or elaborate on certain GASB pronouncements....

Media Advisory | Implementation Guide 2021-1

GASB Requests Input on Proposed Improvements to Guidance for Accounting Changes and Error Corrections

Norwalk, CT, June 1, 2021—The Governmental Accounting Standards Board (GASB) today issued a proposal designed to improve the accounting and financial reporting requirements for accounting changes and error corrections....

Media Advisory | Exposure Draft | Video

FAF Issues 2020 Annual Report, “Standards That Work from Main Street to Wall Street”

Norwalk, CT, May 26, 2021—The Financial Accounting Foundation (FAF) today posted its 2020 Annual Report to the FAF website.  The report is available as a printable PDF file and as an interactive digital version....

Media Advisory | Annual Report
  • August 24, 2021 Financial Accounting Foundation Trustees Announce Appointment of New Chair of the Governmental Accounting Standards Advisory Council (GASAC)
  • July 20, 2021 GASB Issues Proposal to Enhance Concepts for Notes to Financial Statements
  • July 19, 2021 GASB Proposes Omnibus Statement Addressing Wide Range of Practice Issues
  • June 2, 2021 GASB Provides Guidance to Assist Stakeholders with Application of Its Pronouncements
  • June 1, 2021 GASB Requests Input on Proposed Improvements to Guidance for Accounting Changes and Error Corrections
  • May 26, 2021 FAF Issues 2020 Annual Report, “Standards That Work from Main Street to Wall Street”

Media Inquiries

All media inquiries are coordinated through the FAF Communications Department.

Christine L. Klimek

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

Jordan C. (Kip) Betz

Senior Manager, Communications
203-956-5201 | jcbetz@f-a-f.org

Dana Freeman

Senior Manager, Communications
(203) 956-5279 | dfreeman@f-a-f.org

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