The Financial Accounting Standards Board and the Governmental Accounting Standards Board will begin using a majority vote, instead of relying on the board chairman’s decision alone, to establish ...

The chairmen of the Financial Accounting Standards Board and the Governmental Accounting Standards are both set to retire on June 30 as their terms near an end. [IMGCAP(1)]Their parent organization, ...

In the world of accounting, it can be difficult for any small business owner to make her way through the alphabet of acronyms. Discussing the alphabet soup of accounting acronyms and terms such as ...

NORWALK, Conn.--(BUSINESS WIRE)--The Board of Trustees of the Financial Accounting Foundation (FAF) today announced the search for new chairs of the Financial Accounting Standards Board (FASB) and the ...

Global standard setting is taking a new path and U.S. accounting standard setters are preparing to consider foundational projects, according to forward-looking information published Thursday in the ...

WASHINGTON - The Government Finance Officers Association has abandoned its push to put the Governmental Accounting Standards Board out of business and will no longer seek to transfer governmental ...

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Foundation (FAF) has released updated print editions of the Financial Accounting Standards Board’s FASB Accounting Standards Codification ® ...

A letter arrived from a New York number cruncher just over a year ago, as the Financial Accounting Standards Board -- the U.S. authority on accounting rules -- was collecting comments on whether to ...

The Financial Accounting Foundation (FAF), FASB, and GASB asked stakeholders to review and provide feedback on a new draft strategic plan that the organizations issued Thursday. The draft outlines the ...

BUFFALO, N.Y. — After studying accounting standards for the past five years at the University at Buffalo School of Management, Milad Ghanatios will now be part of the standard-setting process with a ...