NEWS & MEDIA

Investor Advisory Committee (IAC)
Norwalk, CT, May 19, 2023—The Investor Advisory Committee (IAC) met on May 11, 2023. Below is a summary of topics discussed at the meeting:Meeting Recap

Financial Accounting Foundation Appoints Private Company Council Chair and Member
Norwalk, CT, May 12, 2023—The Financial Accounting Foundation (FAF) today announced two new appointments to the Private Company Council (PCC). Jere G. Shawver, will serve as the new chair, and David Hoagland will serve as a member. Mr. Shawver’s term as chair will begin January 1, 2024...News Release

FASB Issues Proposal to Clarify Accounting Guidance Related to Profits Interest Awards
Norwalk, CT, May 11, 2023—The Financial Accounting Standards Board (FASB) today published a proposed Accounting Standards Update (ASU) intended to improve generally accepted accounting principles (GAAP) by adding illustrative guidance to help entities determine whether profits interest and similar awards...Media Advisory | Exposure Document

Financial Accounting Foundation Trustees Reappoint Michael Morrow as FASAC Chair
Norwalk, CT, May 11, 2023—The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the reappointment of Michael M. Morrow to a third two-year term as chair of the Financial Accounting Standards Advisory Council (FASAC), effective January 1, 2024.News Release

Private Company Council (PCC)
Norwalk, CT, May 5, 2023—The Private Company Council (PCC) met on Tuesday, April 25, 2023. Below is a summary of topics addressed by the PCC at the meeting:Meeting Recap

Financial Accounting Foundation Trustees Enhance Stakeholder Feedback Procedures and Transparency for Standard-Setting Boards
Norwalk, CT, April 26, 2023—As part of its continuing efforts to improve its oversight activities and to further increase transparency for stakeholders, the Board of Trustees of the Financial Accounting Foundation (FAF) today announced an enhancement that will make...News Release
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
Dana Freeman
Senior Manager, Communications
(203) 956-5279 | dfreeman@f-a-f.org
Join Media List
801 Main Avenue
P.O. Box 5116
Norwalk, Connecticut 06856-5116
FASB IN FOCUS/FACT SHEETS
FASB in Focus/Fact Sheets deliver a concise summary of major initiatives, focusing on impact to users.
>> MorePRESENTATIONS & SPEECHES
FASB representatives travel around the world to update stakeholders on important initiatives and their impact to business.
>> More