About Us

Facts About FAF

Organized in 1972, the Financial Accounting Foundation (FAF) is the independent, private-sector organization with responsibility for the oversight, administration, and finances of its standard-setting Boards, the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), and their Advisory Councils. >> More

About the FAF Trustees

The FAF Board of Trustees comprises 14-18 members from varied backgrounds—users, preparers, and auditors of financial statements; state and local government officials; academics; and regulators. The FAF directs the effective, efficient, and appropriate stewardship of the FASB and GASB in carrying out their missions; selects and appoints FASB and GASB members and their advisory councils; oversees the Boards’ activities and due process; and promotes and protects the independence of the Boards. >> More


Financial Information

The Financial Accounting Foundation annual budget, financial statements, annual reports, and funding information. >> More
  • Facts About FAF What the FAF Does
  • About the FAF Trustees Role of the Trustees
  • Financial Information Budget and Financials

Facts About FAF

Organized in 1972, the FAF is the independent, private-sector organization with responsibility for the oversight, administration, and finances of its standard-setting Boards, the FASB and the GASB, and their Advisory Councils.
>> More

About the FAF Trustees

The FAF Board of Trustees comprises 14-18 members from varied backgrounds—users, preparers, and auditors of financial statements; state and local government officials; academics; and regulators. The FAF directs the effective, efficient, and appropriate stewardship of the FASB and GASB in carrying out their missions; selects and appoints FASB and GASB members and their advisory councils; oversees the Boards’ activities and due process; and promotes and protects the independence of the Boards.
>> More

Financial Information

The Financial Accounting Foundation annual budget, financial statements, annual reports, and funding information.
>> More

Officers

FAF Officers Bios
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Senior Staff

FAF Senior Staff Bios
>> More