News & Media

FASB Proposes Improvements to Not-for-Profit Financial Statements

Norwalk, CT, April 22, 2015—The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) intended to improve the information provided in not-for-profit financial statements and notes to financial statements....

News Release | Exposure Document |
FASB In Focus | Webinar

The FAF Board of Trustees Issues the
2015 Strategic Plan

Norwalk, CT, April 9, 2015—Today the Financial Accounting Foundation (FAF), the Financial Accounting Standards Board (FASB), and the Governmental Accounting Standards Board (GASB) posted our 2015 Strategic Plan to our three websites.

Strategic Plan


PCC Chair Billy M. Atkinson to Step Down at End of Term; FAF Seeks Nominations for Successor, New PCC Members

Norwalk, CT, April 8, 2015—Private Company Council (PCC) Chairman Billy M. Atkinson today announced that he will not seek a second term as head of the group. As a result, the Financial Accounting Foundation (FAF) Board of Trustees issued a request for nominations....

News Release | Request for Nominations


Registration is Open for April 2 CPE Webcast on the 2015 GAAP Taxonomy

Norwalk, CT, March 24, 2015—Registration is open for an upcoming Financial Accounting Standards Board (FASB) webcast that looks at the 2015 GAAP Taxonomy. IN FOCUS: 2015 GAAP Financial Reporting Taxonomy Changes and Beyond, Taxonomy Implementation Guides, and SEC Update will take place on Thursday, April 2, 2015, from 1:00 to 2:15 p.m. EDT.

News Release


2015 GAAP Financial Reporting Taxonomy Adopted and Supported by SEC Effective March 9, 2015

Norwalk, CT, March 9, 2015—The Financial Accounting Standards Board (FASB) today announced that the U.S. Securities and Exchange Commission (SEC) adopted the 2015 GAAP Financial Reporting Taxonomy....

News Release


FAF Seeks Stakeholder Comments on
Private Company Council Three-Year Assessment

Norwalk, CT, February 26, 2015—The Board of Trustees of the Financial Accounting Foundation (FAF) today issued a Request for Comment seeking stakeholder input as part of an assessment of the Private Company....

News Release | Request for Comment | Webpage


  • April 22, 2015 FASB Proposes Improvements to Not-for-Profit Financial Statements
  • April 9, 2015 The FAF Board of Trustees Issues the
    2015 Strategic Plan
  • April 8, 2015 PCC Chair Billy M. Atkinson to Step Down at End of Term; FAF Seeks Nominations for Successor, New PCC Members
  • March 24, 2015 Registration is Open for April 2 CPE Webcast on the 2015 GAAP Taxonomy
  • March 9, 2015 2015 GAAP Financial Reporting Taxonomy Adopted and Supported by SEC Effective March 9, 2015
  • February 26, 2015 FAF Seeks Stakeholder Comments on
    Private Company Council Three-Year Assessment

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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Fax: 203-849-9714
401 Merrit 7, PO Box 5116
Norwalk, CT 06856

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