The committee advises on FASB projects, market trends, and investor-relevant issues.

The U.S. accounting standard-setter rejected a request to review and clarify GAAP rules related to personal financial ...

The Financial Accounting Standards Board has appointed Hillary H. Salo, a partner at KPMG, as its new technical director and chair of the Emerging Issues Task Force. She started her accounting career ...

FASB issued a new accounting standard Thursday that is designed to help not-for-profits tell their story through their financial statements. Not-for-profit financial statements have been prepared ...

The Financial Accounting Foundation has reappointed James L. Kroeker to a second term as vice chairman of the Financial Accounting Standards Board and appointed Gary R. Buesser, a portfolio manager ...

The airline project was one of five that the accounting standard-setter decided not to add to its agenda on Wednesday.

In 1973, the Financial Accounting Standards Board was established to develop a set of financial accounting standards known as generally accepted accounting principals for the private sector. GAAP ...

Great news for banks. We’ve decided to establish a self-governing body to create federal common law principles governing corporate conduct. Processing Content Since Congress has never legislated in ...

Russell Golden never set out to be a lightning rod for bankers. Golden, who recently wrapped up 16 years at the Financial Accounting Standards Board — the last seven as chairman — thought he would ...

Effective dates will be delayed for private companies and certain other entities for FASB’s standards on accounting for leases, credit losses (known as CECL), and hedging after a unanimous vote ...