News & Media

FASB Clarifies the Interaction between the Accounting for Equity Securities, Equity Method Investments, and Certain Derivative Instruments

Norwalk, CT, January 16, 2020—The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that clarifies the interaction between accounting standards related to equity securities, equity method investments, and certain derivatives....

Media Advisory | ASU 2020-01

Private Company Council Meeting Recap

Norwalk, CT, December 20, 2019—On Monday, December 16, 2019, the Private Company Council (PCC) discussed and provided input on the following topics:

Meeting Recap

Joint Meeting of the Private Company Council (PCC) and the FASB's Small Business Advisory Committee (SBAC)

Norwalk, CT, December 20, 2019—The Private Company Council (PCC) and the Small Business Advisory Committee (SBAC) jointly met on Tuesday, December 17, 2019. Below is a brief summary of the issues addressed by the PCC and the SBAC at the joint meeting.

Meeting Recap
 

Small Business Advisory Committee Meeting Recap

Norwalk, CT, December 20, 2019—The Small Business Advisory Committee (SBAC) met on December 17, 2019. Below is a brief summary of issues addressed by the SBAC at the meeting.

Meeting Recap
 

2020 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy Now Available

Norwalk, CT, December 20, 2018—The Financial Accounting Foundation (FASB) today announced the availability of the 2020 GAAP Financial Reporting Taxonomy (Taxonomy) and the 2020 SEC Reporting Taxonomy (SRT), along with the new 2020 XBRL US DQC Rules Taxonomy (DQCRT)....

Media Advisory

Richard R. Jones Appointed Chair of the Financial Accounting Standards Board

Norwalk, CT, December 19, 2019—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced that it has appointed Richard R. Jones as the next chair of the Financial Accounting Standards Board (FASB)....

News Release
  • January 16, 2020 FASB Clarifies the Interaction between the Accounting for Equity Securities, Equity Method Investments, and Certain Derivative Instruments
  • December 20, 2019 Private Company Council Meeting Recap
  • December 20, 2019 Joint Meeting of the Private Company Council (PCC) and the FASB's Small Business Advisory Committee (SBAC)
  • December 20, 2019 Small Business Advisory Committee Meeting Recap
  • December 20, 2019 2020 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy Now Available
  • December 19, 2019 Richard R. Jones Appointed Chair of the Financial Accounting Standards Board

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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