News & Media

Financial Accounting Foundation Names Kathleen L. Casey, Jeffrey L. Esser, and David C. Villa as New Trustees

Norwalk, CT, November 14, 2017—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the appointment of Kathleen L. Casey, Jeffrey L. Esser, and David C. Villa to the FAF Board of Trustees, effective January 1, 2018....

News Release

GASB Proposes Clarifications to Guidance on Majority Equity Interests

Norwalk, CT, November 9, 2017—The Governmental Accounting Standards Board (GASB) today proposed guidance that would clarify the accounting and financial reporting for a state or local government’s majority equity interest in an organization that remains legally separate after acquisition....

Media Advisory | Exposure Draft

FAF Trustees Agree to Retain GASB Scope of Authority Policy Without Modification

Norwalk, CT, August 22, 2017—The Board of Trustees of the Financial Accounting Foundation today approved a report, Three-Year Review of GASB Scope of Authority: Consultation Process Policy, that leaves unchanged the Governmental Accounting Standards Board’s (GASB) scope of authority policy....

News Release | Report

GASB Establishes Single Approach for Reporting Leases

Norwalk, CT, June 28, 2017—The Governmental Accounting Standards Board (GASB) today issued guidance that establishes a single approach to accounting for and reporting leases by state and local governments. This single approach is based on the principle that leases are financings of the right to use an underlying asset....

News Release | Statement No. 87

FAF Issues 2016 Annual Report: “Better standards. Better-informed decisions.”

Norwalk, CT, May 18, 2017—The Financial Accounting Foundation (FAF) today posted its 2016 Annual Report to the FAF website. The report is available in print, PDF , and interactive digital versions....

News Release | 2016 Annual Report
  • November 14, 2017 Financial Accounting Foundation Names Kathleen L. Casey, Jeffrey L. Esser, and David C. Villa as New Trustees
  • November 9, 2017 GASB Proposes Clarifications to Guidance on Majority Equity Interests
  • August 22, 2017 FAF Trustees Agree to Retain GASB Scope of Authority Policy Without Modification
  • June 28, 2017 GASB Establishes Single Approach for Reporting Leases
  • May 18, 2017 FAF Issues 2016 Annual Report: “Better standards. Better-informed decisions.”

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

Join Media-List

401 Merrit 7, PO Box 5116
Norwalk, CT 06856

Plain-Language Articles

The GASB is committed to communicating in plain-language with its constituents about its standards and standards-setting activities.
>> More


GASB Outlook

The GASB Outlook is a quarterly e-newsletter designed to keep stakeholders informed about key GASB projects and activities. It presents current accounting and financial reporting issues in a “plain-English” user-friendly format designed to provide quick access to stories of interest to the busy professional. Click here to subscribe.
>> More

Board Meeting Highlights/Articles from the GASB Report

The area of the website features articles detailing highlights of recent GASB meetings and offers articles from the GASB Report, the GASB’s electronic notification service.
>> More


In the News. . .

Archive of GASB announcements categorized by year.
>> More

Podcasts & Videos

This page provides an archive of GASB video resources, including educational webcasts, podcasts, and videos on a variety of GASB themes.
>> More