News & Media

Financial Accounting Standards Board Opens Search for Technical Director

Norwalk, CT, December 5, 2019—The Financial Accounting Standards Board (FASB) announced today that it has opened a formal search process to hire the next FASB technical director....

News Release

Registration Opens for December 19 FASB Webcast—IN FOCUS: FASB Update for Private Companies and Not-for-Profit Organizations

Norwalk, CT, December 2, 2019—Registration is now open for an upcoming webcast that will provide a semi-annual update on the Financial Accounting Standards Board's (FASB) standard-setting activities pertaining to private companies and not-for-profit organizations.

Media Advisory | Course Description and Registration

FASB Issues Narrow-Scope Improvements to Credit Losses Standard

Norwalk, CT, November 26, 2018—The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that addresses issues raised by stakeholders during the implementation of Accounting Standards Update No. 2016-13...

Media Advisory | ASU 2019-11

FASB Names New Members to Its Not-for-Profit Advisory Committee

Norwalk, CT, November 25, 2018—Financial Accounting Standards Board (FASB) today announced the appointment of six new members to its Not-for-Profit Advisory Committee (NAC), effective January 1, 2020.

Media Advisory
 

Investor Advisory Committee Meeting Recap

Norwalk, CT, November 20, 2018—The Investor Advisory Committee (IAC) met on November 12, 2019. At the meeting, the FASB staff delivered updates and IAC members provided input on the following FASB topics:

Meeting Recap
 

FASB Delays Certain Effective Dates for Credit Losses, Leases, Hedging, and Long-Duration Insurance Standards

Norwalk, CT, November 15, 2019—The Financial Accounting Standards Board (FASB) today issued two Accounting Standards Updates (ASUs) that finalize various effective date delays for standards on current...

News Release | ASU 2019-09 | ASU 2019-10

Emerging Issues Task Force

Norwalk, CT, November 14, 2019—The Emerging Issues Task Force (EITF) met on November 7, 2019, and deliberated the following topics:

Meeting Recap
 

FASB Approves Finalization of Guidance to Assist in Transition Away from Interbank Offered Rates to New Reference Rates

Norwalk, CT, November 13, 2019—The Financial Accounting Standards Board (FASB) today approved an Accounting Standards Update (ASU) to provide temporary, optional guidance to ease the potential burden in accounting for, or recognizing the effects of, reference rate reform on financial reporting....

News Release

FASB Proposes Clarifications to Certain Areas of the Derivatives and Hedging Standard

Norwalk, CT, November 12, 2019—The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) to clarify certain sections of its 2017 hedge accounting standard.  Stakeholders are asked to review and comment on the proposed ASU by January 13, 2020....

News Release | Exposure Document | FASB In Focus

FASB Improves Accounting for Share-Based Payments Made to Customers

Norwalk, CT, November 11, 2019—The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that simplifies and increases comparability of accounting for nonemployee share-based payments, specifically those made to customers....

News Release | ASU 2019-08
  • December 5, 2019 Financial Accounting Standards Board Opens Search for Technical Director
  • December 2, 2019 Registration Opens for December 19 FASB Webcast—IN FOCUS: FASB Update for Private Companies and Not-for-Profit Organizations
  • November 26, 2019 FASB Issues Narrow-Scope Improvements to Credit Losses Standard
  • November 25, 2019 FASB Names New Members to Its Not-for-Profit Advisory Committee
  • November 20, 2019 Investor Advisory Committee Meeting Recap
  • November 15, 2019 FASB Delays Certain Effective Dates for Credit Losses, Leases, Hedging, and Long-Duration Insurance Standards
  • November 14, 2019 Emerging Issues Task Force
  • November 13, 2019 FASB Approves Finalization of Guidance to Assist in Transition Away from Interbank Offered Rates to New Reference Rates
  • November 12, 2019 FASB Proposes Clarifications to Certain Areas of the Derivatives and Hedging Standard
  • November 11, 2019 FASB Improves Accounting for Share-Based Payments Made to Customers

Media Inquiries

All media inquiries are coordinated through the FAF Communications Department

Christine L. Klimek

Senior Manager, Communications
(203) 956-3459 | clklimek@f-a-f.org

Jordan C. (Kip) Betz

Senior Manager, Communications
203-956-5201 | jcbetz@f-a-f.org

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