NEWS & MEDIA
GASB Provides Unified Accounting Model for Compensated Absences and Eases Disclosure Burden
Norwalk, CT, June 16, 2022—The Governmental Accounting Standards Board (GASB) today issued new guidance that enhances the recognition and measurement requirements for compensated absences and refines related disclosure requirements....
Media Advisory | Statement No. 101
GASB Improves and Clarifies Standards for Accounting Changes and Error Corrections
Norwalk, CT, June 13, 2022—The Governmental Accounting Standards Board (GASB) today issued guidance designed to improve the accounting and financial reporting requirements for accounting changes and error corrections....
Media Advisory | Statement No. 100
FAF Issues 2021 Annual Report
Norwalk, CT, June 1, 2022—The Financial Accounting Foundation (FAF) today posted its 2021 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 Adds Major Project, Pre-Agenda Research Area to Technical PlanGASB Issues Omnibus Statement Addressing Wide Range of Practice Issues
Norwalk, CT, May 9, 2022—The Governmental Accounting Standards Board (GASB) today issued 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 | Statement No. 99
FAF Trustees Open Search for Next Board Chair
Norwalk, CT, March 1, 2022—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced that it has formally opened the search for the next chair of the FAF Board of Trustees. The current chair, Kathleen L. Casey, will complete five years of service on the Board including three as FAF chair at the end of 2022....
News Release
FAF Trustees Name Six New and Seven Reappointed Members of the Governmental Accounting Standards Advisory Council (GASAC)
Norwalk, CT, January 18, 2022—The Board of Trustees of the Financial Accounting Foundation (FAF) announced today the appointment of Scott DeViney, Doug Kilcommons, Anita Kovacs, Suzanne Lowensohn, Harriet Richardson, and Bob Scott to the Governmental Accounting Standards Advisory Council (GASAC)....
News Release
GASB Adds Major Project, Pre-Agenda Research Area to Technical Plan
Norwalk, CT, January 6, 2022—During its December 2021 meeting, the Governmental Accounting Standards Board (GASB) approved the addition of a major project on going concern uncertainties and severe financial stress and pre-agenda research activity on subsequent events as part of its technical plan for the first third of 2022....
Media Advisory
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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