NEWS & MEDIA
FAF Reappoints Carolyn Smith to the Governmental Accounting Standards Board and Appoints Robert W. Hamilton as Chair of the Governmental Accounting Standards Advisory Council
Norwalk, CT, November 14, 2023—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the reappointment of Carolyn Smith to the Governmental Accounting Standards Board (GASB) for a second five-year term. Her service on the GASB continues through December 31, 2029....News Release
GASB Proposes Guidance on Disclosure and Classification of Certain Capital Assets
Norwalk, CT, September 28, 2023—The Governmental Accounting Standards Board (GASB) today issued a proposal that would establish requirements for certain types of capital assets to be disclosed separately for purposes of note disclosures....Media Advisory | Exposure Draft
GASB Adds Project on Subsequent Events to Current Technical Agenda
Norwalk, CT, September 7, 2023—The Governmental Accounting Standards Board (GASB) recently added a project on accounting and financial reporting issues for subsequent events to the Board’s current technical agenda....Media Advisory
Replacement of London Interbank Offered Rate—Update
Norwalk, CT, July 17, 2023—In April 2022, the Government Accounting Standards Board issued Statement No. 99, Omnibus 2022, which stated that for purposes of applying paragraphs 35–38 of Statement No. 53, Accounting and Financial Reporting for Derivative Instruments, as amended, the London Interbank Offered Rate (LIBOR) is no longer an appropriate...Media Advisory
Financial Accounting Foundation Issues 2022 Annual Report—FASB 50th Anniversary Edition
Norwalk, CT, July 12, 2023—The Financial Accounting Foundation (FAF) today posted its 2022 Annual Report to its website. The report is available as a printable PDF file and as an enhanced digital version....Media Advisory | Annual Report
GASB Provides Guidance to Assist Stakeholders with Application of Its Pronouncements
Norwalk, CT, July 10, 2023—The Governmental Accounting Standards Board 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 No. 2023-1, Implementation Guidance Update—2023
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
Join Media List
801 Main Avenue
P.O. Box 5116
Norwalk, Connecticut 06856-5116
IN THE NEWS. . .
PLAIN-LANGUAGE ARTICLES
The GASB is committed to communicating in plain-language with its constituents about its standards and standards-setting activities.
>> MoreBRIDGING THE GAAP PODCAST
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.
>> MoreEDUCATIONAL WEBCASTS/ VIDEOS
This page provides an archive of GASB video resources, including educational webcasts and videos on a variety of GASB themes.
>> More