FASB Home

Now Hiring: FASB Technical Director

This position functions as the leader of the FASB staff and principal advisor to the FASB Chair. The role is also the primary representative of the FASB to stakeholders, including regulators, accounting firms, companies and investors in communicating FASB staff views on technical accounting matters.

FASB: 50 Years of Standard Setting

In 2023, the FASB marks five decades of developing and improving accounting standards that provide useful information to investors and other allocators of capital.

Now Available: 2021 FASB Agenda Consultation Report

Learn how stakeholder feedback influenced the Board’s technical and research agendas and standard-setting process as of June 29, 2022.

For the Investor

A “one-stop shop” for investors, including the FASB’s most recent investor outreach report.

FASB Chair Quarterly Report

FASB Chair Richard R. Jones provides an update on quarterly activities as well as his reflections on FASB activities and priorities, including stakeholder outreach. These reports, including the most recent, are available in our Reference Library by quarter.

Post-Implementation Review

The FASB reviews major standards after issuance through the post-implementation review (PIR) process. The FASB is currently reviewing Credit Losses, Leases and Revenue Recognition.

XBRL: What Is It? Why the FASB? Who Uses It?

Find answers to why we use eXtensible Business Reporting Language (XBRL).

Reference Rate Reform

Reference rate reform refers to the global transition away from referencing the LIBOR—and other interbank offered rates—and toward new reference rates that are more observable or transaction-based.

Implementing New Standards

How the FASB positions organizations for a successful and smooth transition to new standards. Also includes specific implementation guidance for new major standards.

Private Company Council (PCC)

The Private Company Council improves the process of setting accounting standards for private companies. The PCC is the primary advisory body to the FASB on private company matters.

Video Vault

Get the latest on what’s going on, what coming up, and how to get involved in FASB projects. The Vault also features interviews with Board members, staff, and the latest Private Company Council news.

LATEST NEWS

FASB Issues New Segment Reporting Guidance [11/27/23]

Media Advisory | ASU 2023-07 | Video |

Financial Accounting Foundation Appoints Hillary H. Salo to the Financial Accounting Standards Board [11/14/23]

News Release |

Financial Accounting Foundation Reappoints Susan M. Cosper to the Financial Accounting Standards Board [11/14/23]

News Release |

Financial Accounting Foundation Names David Finkelstein to the Private Company Council [11/14/23]

News Release |

Registration Opens for December 11 FASB Webcast
for Private Companies and Not-for-Profit Organizations [11/09/23]

Media Advisory | Webcast Registration |

Financial Accounting Foundation Board of Trustees [10/27/23]

Notice of Meeting |

Standard-Setting Process Oversight Committee Meeting [10/27/23]

Notice of Meeting |

Representatives of the Financial Accounting Standards Board
and the Accounting Standards Board of Japan Hold Biannual Meeting [10/18/23]

News Release |

FASB Issues Disclosure Improvements in Response to the SEC’s Disclosure Update and Simplification Initiative [10/09/23]

Media Advisory | ASU 2023-06 |

FASB to Host Public Roundtable on Recent Proposal to Improve Disclosures around Income Statement Expenses [10/04/23]

Media Advisory |

FASB to Host November 10 Public Roundtable on Its Post-Implementation Review of the Revenue Recognition Standard [10/02/23]

Media Advisory |

FASB Issues New Chapter of Its Conceptual Framework: Recognition and Derecognition [08/30/23]

Media Advisory | Concepts Statement No. 8—Chapter 5 |

FEATURED VIDEO

FASB - Segment Reporting (Nov 2023) 178x133

FASB Issues New Segment Reporting Standard

Learn about the FASB’s new guidance to improve transparency around segment reporting.

LATEST NEWS

FASB Issues New Segment Reporting Guidance [11/27/23]

Financial Accounting Foundation Appoints Hillary H. Salo to the Financial Accounting Standards Board [11/14/23]

Financial Accounting Foundation Reappoints Susan M. Cosper to the Financial Accounting Standards Board [11/14/23]

Financial Accounting Foundation Names David Finkelstein to the Private Company Council [11/14/23]

Registration Opens for December 11 FASB Webcastfor Private Companies and Not-for-Profit Organizations [11/09/23]

Financial Accounting Foundation Board of Trustees [10/27/23]

Standard-Setting Process Oversight Committee Meeting [10/27/23]

Representatives of the Financial Accounting Standards Boardand the Accounting Standards Board of Japan Hold Biannual Meeting [10/18/23]

FASB Issues Disclosure Improvements in Response to the SEC’s Disclosure Update and Simplification Initiative [10/09/23]

FASB to Host Public Roundtable on Recent Proposal to Improve Disclosures around Income Statement Expenses [10/04/23]

FASB to Host November 10 Public Roundtable on Its Post-Implementation Review of the Revenue Recognition Standard [10/02/23]

FASB Issues New Chapter of Its Conceptual Framework: Recognition and Derecognition [08/30/23]

FEATURED VIDEO

QUICKLINKS

Registration Opens for December 11 FASB Webcast
for Private Companies and Not-for-Profit Organizations [11/09/23]

Representatives of the Financial Accounting Standards Board
and the Accounting Standards Board of Japan Hold Biannual Meeting [10/18/23]