News & Media

New Strategic Plan for FAF, FASB, and GASB

Plan Webpage

Financial Accounting Foundation Names Six New Members to the Governmental Accounting Standards Advisory Council

Norwalk, CT, November 25, 2014—The Board of Trustees of the Financial Accounting Foundation (FAF) announced the appointment of six new members to the Governmental Accounting Standards Advisory Council (GASAC). The new members will...

News Release

GASB Issues Preliminary Views on Reporting Governments’ Fiduciary Responsibilities

Norwalk, CT, November 20, 2014—The Governmental Accounting Standards Board (GASB) today issued for public comment a Preliminary Views, Financial Reporting for Fiduciary Responsibilities....

News Release | Preliminary Views

GASB Issues Preliminary Views on Lease Accounting for State and Local Governments

Norwalk, CT, November 20, 2014—The Governmental Accounting Standards Board (GASB) today issued for public comment a Preliminary Views, Leases, which includes proposals to improve the accounting and financial reporting for leases for state and local governments from both a lessee and lessor perspective....

News Release | Preliminary Views | GASB In Focus

Financial Accounting Foundation Names Jan Sylvis Vice Chair of Governmental Accounting Standards Board

Norwalk, CT, November 19, 2014—Jan I. Sylvis, a current member of the Governmental Accounting Standard Board (GASB), has been named GASB vice chair. The appointment was announced today by the Board of Trustees of the Financial Accounting Foundation (FAF), which oversees the GASB and...

News Release

Governments Would Disclose Information on Tax Abatements Under GASB Proposal

Norwalk, CT, October 31, 2014—The Governmental Accounting Standards Board (GASB) issued for public comment an Exposure Draft of a proposed Statement, Tax Abatement Disclosures, which would require state and local governments for the first time to disclose...

News Release | Exposure Draft | Tax Abatement Disclosures Webpage | GASB In Focus | Video

Financial Accounting Foundation Names Mary P. Crotty as Chief Operating Officer

Norwalk, CT, October 23, 2014—The Financial Accounting Foundation (FAF) today named Mary P. Crotty to the new position of chief operating officer. In her new role, Ms. Crotty will manage the Foundation’s business operations, including technology, finance, publications, and other key business activities. She will report to FAF President and Chief Executive Officer Teresa S. Polley....

News Release

Post-Implementation Review Completed on GASB Standard Addressing Capital Asset Impairment, Insurance Recoveries

Norwalk, CT, August 19, 2014—An accounting standard for state and local governments that addresses the impairment of capital assets and insurance recoveries provides important information to users of financial...

News Release | GASB Statement 42 PIR Report |
GASB Response to FAF PIR Report on Statement 42

Registration Opens for Two Educational Webinars on the GASB Proposals on Other Postemployment Benefits

Norwalk, CT, July 16, 2014—Registration now is open for two upcoming Governmental Accounting Standards Board (GASB) educational webinars focused on the Board’s recently-issued Exposure Drafts....

News Release  | Course Descriptions and Registration

  • December 4, 2014 New Strategic Plan for FAF, FASB, and GASB
  • November 25, 2014 Financial Accounting Foundation Names Six New Members to the Governmental Accounting Standards Advisory Council
  • November 20, 2014 GASB Issues Preliminary Views on Reporting Governments’ Fiduciary Responsibilities
  • November 20, 2014 GASB Issues Preliminary Views on Lease Accounting for State and Local Governments
  • November 19, 2014 Financial Accounting Foundation Names Jan Sylvis Vice Chair of Governmental Accounting Standards Board
  • October 31, 2014 Governments Would Disclose Information on Tax Abatements Under GASB Proposal
  • October 23, 2014 Financial Accounting Foundation Names Mary P. Crotty as Chief Operating Officer
  • August 19, 2014 Post-Implementation Review Completed on GASB Standard Addressing Capital Asset Impairment, Insurance Recoveries
  • July 16, 2014 Registration Opens for Two Educational Webinars on the GASB Proposals on Other Postemployment Benefits

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

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Norwalk, CT 06856

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