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FASB, GASB, and FAF

@FAFNorwalk

Financial Accounting Standards Board (FASB) | Governmental Accounting Standards Board (GASB) | Financial Accounting Foundation (FAF)

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Registration is now open for a free live webinar, "FASB Update for Private Companies and Not-for-Profit Organizations," being held on December 12th at 1:00 p.m. Eastern Time. 🎓 Earn up to 2.5 hours of CPE Credit: bit.ly/3Z5kfBd

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FASB Member Dr. Joyce Joseph provided the keynote address at the Accounting & Financial Women's Alliance (AFWA) "Women Who Count" conference in South Carolina recently.

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#FASB has published a proposed Accounting Standards Update (ASU) that would clarify certain aspects of the guidance on hedge accounting and address several incremental hedge accounting issues arising from the global reference rate reform initiative. bit.ly/3XTLmP4

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GASB leadership and staff discuss the Board’s recent preliminary views on accounting and financial reporting for infrastructure assets. Please watch the video, review the proposal, and share your views with us by January 17, 2025. bit.ly/4ez7Rhg

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FASB seeks public comment on proposal to improve interim reporting guidance. Stakeholders are encouraged to provide input by March 31, 2025. bit.ly/4fBJhxq

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In this video, FASB Chair Rich Jones, Project Manager Tiffany Wyszkowski, and Board Member Fred Cannon discuss how the Disaggregation of Income Statement Expenses (DISE) standard enhances transparency in income statement expenses. youtube.com/watch?v=_7hU6e…


The FASB is very pleased to welcome Alex Barros and Clinton Chang to our Investor Advisory Committee.

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Attention Users of Government Financial Statements: GASB seeks input on GASB Statement No. 72, Fair Value Measurement and Application, through a brief survey as part of our Post-Implementation Review. 📅 Deadline: November 15, 2024 🔗 Take the Survey: bit.ly/3Ctqohx


⏰ Reminder: The deadline to submit papers is November 15, 2024. Scan the QR code below or visit the Cash Flow Information Paper Portal for more details and submissions at bit.ly/4fwgMRw

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⭐ Seeking Nominations for the Postgraduate Technical Assistant Program (PTA) Program ⭐ Nominate a Candidate by November 22, 2024: bit.ly/3BwvzwZ

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Attention Users of Government Financial Statements: GASB seeks input on GASB Statement No. 72, Fair Value Measurement and Application, through a brief survey as part of our Post-Implementation Review. 📅 Deadline: November 15, 2024 🔗 Take the Survey: bit.ly/3Ctqohx


GASB requests comments on Infrastructure Assets Proposals. Stakeholders are encouraged to review and provide comments by January 17, 2025: bit.ly/400VIOK

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FASB and GASB Governmental and Not-for-Profit Accounting Webcast for Academics November 8, 2024 1:30PM EST 📆 Register Now: bit.ly/3YdSRQX Up to 2.0 CPE Credits Available

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⏰ Reminder: The deadline to submit papers is November 15, 2024. Scan the QR code below or visit the Cash Flow Information Paper Portal for more details and submissions at bit.ly/4fwgMRw

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FASB has published an ASU that improves financial reporting and responds to investor input requiring public companies to disclose, in interim and annual reporting periods, additional information about certain expenses in the notes to financial statements. bit.ly/3YPPKPr

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FASB seeks public comment on proposed ASU to improve the accounting guidance for share-based consideration payable to a customer in conjunction with selling goods or services. Stakeholders are encouraged to review and provide input by November 14, 2024. bit.ly/4eq4IRI

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FASB and GASB were honored to participate in the AICPA & CIMA Governmental and Not-for-Profit Training Program in Las Vegas, NV. It was a fantastic opportunity to interact with many dedicated and insightful stakeholders, making this event an impactful experience for all involved.

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FASB has published a proposed Accounting Standards Update (ASU) intended to improve the requirements for identifying the accounting acquirer in FASB Accounting Standards Codification® Topic 805, Business Combinations. Please provide input by 12/16/24 bit.ly/4f54HD6

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GASB Chair Joel Black and Director Alan Skelton highlight recent and upcoming GASB proposals. Please review the documents and share your views with the GASB. youtube.com/watch?v=EMYyyc…


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