Financial Accounting Foundation

The Financial Accounting Foundation (FAF), organized in 1972, is the independent, private-sector organization with responsibility for the oversight, administration, and finances of the Financial Accounting Standards Board (FASB), the Governmental Accounting Standards Board (GASB), and their advisory councils, the Financial Accounting Standards Advisory Council (FASAC) and the Governmental Accounting Standards Advisory Council (GASAC). The FAF selects the members of the standard-setting Boards and Councils, and protects the independence of the Boards.
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New—Statement by the Financial Accounting Foundation and the Financial Accounting Standards Board Regarding the SEC's Commission Statement in Support of Convergence and Global Accounting Standards (Posted 02/26/10)

New—AICPA/FAF/NASBA Announce Members of "Blue-Ribbon Panel" to Address Standards for Private Companies (Posted 02/26/10)

New—The Financial Accounting Foundation Appoints Michael H. Granof to the GASB (Posted 02/24/10)

New—Financial Accounting Foundation Appoints Douglas A. Donahue, Jr., to Its Board of Trustees (Posted 02/24/10)

New—Financial Accounting Foundation Board of Trustees (Posted: 02/17/10) New—Financial Accounting Foundation to Maintain XBRL Taxonomy for U.S. GAAP  (Posted 02/05/10)

Rick Anderson Appointed Chairman of AICPA/FAF/NASBA "Blue-Ribbon Panel" to Address Standards for Private Companies (Posted 01/11/10)

The American Institute of Certified Public Accountants and the Financial Accounting Foundation Form "Blue-Ribbon Panel" to Address Standards for Private Companies (Posted 12/17/09)

Financial Accounting Foundation Employees Lend a Helping Hand at the Manna House of Hospitality in Norwalk (Posted 12/16/09)

Financial Accounting Foundation Appoints New Members to the Governmental Accounting Standards Advisory Council (Posted 12/14/09)

Financial Accounting Foundation Appoints New Members to the Financial Accounting Standards Advisory Council (Posted 12/10/09)

The Financial Accounting Foundation Appoints Marcia L. Taylor to a Second Term with the Governmental Accounting Standards Board (Posted 11/19/09)

Financial Accounting Foundation Names Grace L. Hinchman Vice President, External Relations & Communications (Posted 11/11/09)

FAF Seeking Candidates to Fill Vacancy on Its Board of Trustees 
(Posted: 10/14/09)

Financial Accounting Foundation Endorses Statement of the International Accounting Standards Committee Foundation Monitoring Board (Posted: 09/22/09)
Financial Accounting Foundation Appoints Edward E. Nusbaum and Luis M. Viceira to Its Board of Trustees (Posted: 08/26/09)
FAF Announces FASB Accounting Standards CodificationTM Packages and Pricing (Posted: 06/16/09)
2008 Annual Report of the FAF (Posted: 05/22/09)
The Financial Accounting Foundation Appoints David E. Sundstrom to the GASB (Posted: 05/21/09)
FAF and FASB Response to SEC Roadmap for the Potential Use of Financial Statements Prepared In Accordance With International Financial Reporting Standards (IFRS) by U.S. Issuers (Posted: 03/11/09)
John J. Brennan Elected Chairman of the Financial Accounting Foundation (Posted: 02/13/09)
Financial Accounting Foundation Appoints Jeffrey Diermeier, Cynthia Eisenhauer, and Dennis Kass to its Board of Trustees (Posted: 02/13/09)
FAF Board of Trustees Reaffirms Commitment to Secure Stable and Sustainable Funding for the GASB (Posted: 12/12/08)
The FAF Board of Trustees Approves Changes to Oversight, Structure and Operations of FAF, FASB and GASB (Posted: 02/26/08)

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