40 Years of FASB

A Look Forward

FASB Chairman Russell G. Golden discusses the importance of the independent standard setting process. Golden outlines goals for the future including; improving the efficiency and effectiveness of FASB operations, reducing complexity, improving the way we communicate, increasing collaboration and completing joint projects while developing a new model for global relationships. >> More

A Look Back

The FAF and its standard setting Boards are non-political organizations. But from time to time, we too believe it is important to take a step back and consider the “big picture” themes in standard setting and how they inform our day to day responsibilities. For example, how do we maintain and protect the independence of the standard setting process, while remaining cognizant of the fact that we earn our independence through accountability to our stakeholders? >> More

FASB@40 Presenters

The FASB@40 Conference was an opportunity for former and current FASB chairs and members, as well as representatives from key stakeholder groups who have helped shape U.S. financial reporting to present their thoughts and insights on the critical role that the FASB has played in the past and on important challenges that it will face in the future. >> More
  • A Look Forward FASB Chairman Russell G. Golden discusses what's ahead in his closing remarks.
  • A Look Back FAF President and CEO Teresa S. Polley shares her thoughts on 40 years of FASB.
  • FASB@40 Presenters Conference speakers share their thoughts and insights on past, present and future role of the FASB.

A Look Back

This panel discussed important moments in FASB history, including significant standards, development of the FASB Conceptual Framework, convergence and the FASB Accounting Standards Codification®
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The Standard-Setting Process

This panel addressed a variety of issues related to standard setting, including the pros and cons of making changes to U.S. GAAP.
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Future Issues

This panel discussed major issues that lie ahead for the FASB and new accounting issues on the horizon.
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Video


One-on-one with FASB Chairs

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