FASB, Financial Accounting Standards Board.

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. Feature Pane - Private Company Council (PCC) - More Link
The ABCs of Private Company Accounting
In his LinkedIn post, FASB Chairman Russ Golden runs through the alphabet with the list of projects influenced by PCC input. The ABCs of Private Company Accounting- More Link to LinkedIn
Insurance: Long-Duration Contracts
A new standard for insurance companies that issue long-duration contracts, such as life insurance, disability income, long-term care, and annuities. Feature Pane - Insurance Bridge Page - More Link
Accounting for the Tax Cuts and Jobs Act
As a result of the Tax Cuts and Jobs Act, the FASB is addressing accounting and implementation issues related to income taxes. Feature Pane -Accounting for the Tax Cuts and Jobs Act - More Link
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.
Feature Pane - Implementing New Standards More Link
Financial Instruments: Hedging
A new standard that improves and simplifies guidance around hedge accounting.
Feature Pane - Financial Instruments—Hedging - More Link
New Not-for-Profit Financial Reporting Standards
Two new standards that improve not-for-profit financial reporting. Feature Pane - NFP Financial Reporting More Link
The Conceptual Framework
The Conceptual Framework is a body of interrelated objectives and fundamentals that provides the FASB with a foundation for setting standards and concepts to use as tools for resolving accounting and reporting questions.
Feature Pane - The Conceptual Framework More Link
FASB Outlook
The FASB Outlook is a quarterly e-newsletter designed to keep stakeholders informed about key FASB projects and activities. Click here to subscribe.
Feature Pane - FASB Outlook More Link

LATEST NEWS

Scheduled Maintenance November 17

The FASB website will undergo scheduled maintenance on Saturday, November 17 from 9:00 AM to 1:00 PM EST. There will be a service disruption to the FASB Store during this period. We apologize for any inconvenience.

Private Company Council [11/15/18]

October 9, 2018 Meeting Minutes

FASB Issues Narrow-Scope Improvements to Credit Losses Standard [11/15/18]

Registration Opens for December 14 FASB Webcast
for Private Companies & Not-for-Profit Organizations [11/14/18]

Small Business Advisory Committee [11/14/18]

November 8, 2018 Meeting Recap

FASB Proposes Improvements to Accounting for Episodic Television Series [11/07/18]

FASB Improves Accounting for Collaborative Arrangements [11/05/18]

FASB Staff Paper Provides Educational Examples of Revenue Recognition Implementation for Private Company Franchisors [11/05/18]

FASB Improves Consolidation Accounting [10/31/18]

FASB Outlook E-Newsletter Q4 2018 [10/30/18]

Newsletter

Financial Accounting Foundation Board of Trustees [10/30/18]

Notice of Meeting

FASB Updates List of Permissible U.S. Benchmark Interest Rates for Hedge Accounting [10/25/18]

FEATURED VIDEO

FASB Senior Project Manager Mary Mazzella discusses resources available for private companies as they look to implement the standard.

Link to Video & Podcasts

Private Company Council (PCC)

The ABCs of Private Company Accounting

Insurance: Long-Duration Contracts

Accounting for the Tax Cuts and Jobs Act

Implementing New Standards

Financial Instruments: Hedging

New Not-for-Profit Financial Reporting Standards

The Conceptual Framework

FASB Outlook

LATEST NEWS

FEATURED VIDEO

QUICKLINKS