News & Media
Financial Accounting Foundation Names Kathleen L. Casey, Jeffrey L. Esser, and David C. Villa as New TrusteesNorwalk, 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....
GASB Proposes Clarifications to Guidance on Majority Equity InterestsNorwalk, 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 ModificationNorwalk, 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 LeasesNorwalk, 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.”
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