News Releases
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News Releases


  • September 2, 2008 - FASAB Issues an Exposure Draft Entitled: Reporting Comprehensive Long-Term Fiscal Projections for the U.S. Government

  • March 26, 2008 - FASAB Issues a Concepts Statement Exposure Draft Entitled: Distinguishing Basic Information, Required Supplementary Information, and Other Accompanying Information

  • February 26, 2008 - FASAB Issues Statement of Federal Financial Accounting Technical Release 8: Clarification of Standard Relating to Inter-Entity Costs and Technical Release 9: Implementation Guide for Statement of FASAB 29: Heritage Assets and Stewardship Land

  • December 26, 2007 - FASAB Issues SFFAC 5 Definitions of Elements and Basic Recognition Criteria for Accrual-Basis Financial Statements

  • September 26, 2007 - FASAB Extends Comment Period for the Exposure Draft Entitled Accounting for Federal Oil and Gas Resources

  • August 3, 2007 - FASAB Issues an Exposure Draft Entitled Reporting Gains and Losses from Changes in Assumptions and Selecting Discount Rates and Valuation Dates

  • June 21, 2007 - Member News: Claire Cohen Completes Five-Year Term; Alan Schumacher Begins Second Five-Year Term; and Hal Steinberg Joins for a Five-Year Term

  • June 11, 2007 - AAPC Issues an Exposure Draft Entitled Implementation Guide for SFFAS 29: Heritage Assets and Stewardship Land

  • June 5, 2007 - AAPC Issues an Exposure Draft Entitled Clarification of Standards Related to Inter-Entity Cost

  • June 1 ,2007 - FASAB Issues Technical Release 7, Clarification of Standards Relating to the National Aeronautics and Space Administration's Space Exploration Equipment

  • May 21, 2007 - FASAB Issues an Exposure Draft Entitled Accounting for Federal Oil and Gas Resources

  • March 16 - FASAB Issues Interpretation 7: Items Held for Remanufacture (93KB)

  • February 16, 2007 - FASAB Establishes Fiscal Sustainability Task Force (73 KB)

  • February 6, 2007 - Social Insurance Reminder Notice (87 KB)

  • November 21, 2006 - FASAB Welcomes New Board Member (79 KB)

  • November 2, 2006 - FASAB ISSUES Report Entitled FASAB’s Strategic Directions—Clarifying FASAB’s Near-Term Role in Achieving the Objectives of Federal Financial Reporting
    (100 KB)

  • October 24, 2006 - FASAB Issues SFFAS 31, Accounting for Fiduciary Activities (81 KB)

  • October 23, 2006 - FASAB Issues Preliminary Views Regarding Accounting for Social Insurance (88 KB)

  • September 28, 2006 - FASAB Releases Technical Bulletin 2006-1, Recognition and Measurement of Asbestos-Related Cleanup Costs (105 KB)

  • September 28, 2006 - FASAB Releases SFFAS 32 - Consolidated Financial Report of the United States Government Requirements (103 KB)

  • Aug 1, 2006 - FASAB Issues an Exposure Draft Entitled Interpretation: Items Held for Remanufacture (95 KB)

  • July 25, 2006 - FASAB to Operate under a Revised Memorandum of Understanding among it Sponsors (70 KB)

  • June 7, 2006 - FASAB Issues Proposed Concept Statement on Elements and Recognition (86 KB pdf)

  • June 1, 2006 - FASAB Issues Exposure Draft on Recognition and Measurement of Asbestos-Related Cleanup Costs
    (105 KB pdf)

  • August 15, 2005 - FASAB Publishes SFFAS 30, Inter-Entity Cost Implementation: Amending SFFAS 4, Managerial Cost Accounting Standards and Concepts (95 KB pdf)

  • July 22, 2005 - FASAB Issues Invitation to Comment on Technical Agenda Options (75 KB pdf)

  • July 7, 2005 - FASAB Publishes SFFAS 29 - Heritage Assets and Stewardship Land (88.6 KB pdf)

  • June 27, 2005 - FASAB Releases ED on Accounting for Fiduciary Activities

  • April/May 2005 - FASAB Newsletter #91 (141.6 KB pdf)

  • April 1, 2005 - Chairman Mosso's Remarks on Accruing Social Security Liabilities (591 KB pdf)

  • February/March 2005 - FASAB Newsletter #90 (87.9 KB pdf)

  • January 31, 2005 - FASAB Newsletter #89 (242 KB pdf)

  • December 28, 2004 - FASAB Publishes SFFAS 27: Identifying and Reporting Earmarked Funds

  • November 23, 2004 - FASAB Newsletter #88 (191 KB pdf)

  • November 3, 2004 - Public Hearing Announced for Inter-Entity Cost Implementation Exposure Draft. (116 KB)

  • November 2, 2004 - SFFAS 26 Issued. (76 KB)

  • August 20, 2004 - AAPC Publishes an Exposure Draft on the Recognition of the Transfer of Funds Between Interiors Reclamation Fund and Energys Western Area Power Administration: In Accordance with SFFAS 1 Accounting for Selected Assets and Liabilities and SFFAS 5 Accounting for Liabilities of the Federal Government. (86 KB)

  • August 9, 2004 - FASAB Newsletter #86 (178 KB pdf)

  • July 21, 2004 - FASAB Issues Proposal to Defer the Effective Date of Reclassification of the Statement of Social Insurance (66 KB pdf)

  • April 26, 2004 - FASAB Proposes Amending Managerial Cost Accounting Standards to Require Inter-Entity Cost Implementation for FY 2008 (59KB pdf)

  • April 19, 2004 - FASAB Releases its Research Report on Capital and Operating Leases (57KB pdf)

  • March 12, 2004 - FASAB Publishes an Exposure Draft on Presentation of Significant Assumptions for the Statement of Social Insurance (82KB pdf)

  • January 22, 2004 - FASAB Publishes Statement of Federal Financial Accounting and Auditing Technical Release 3 (revised): Auditing Estimates for Direct Loan and Loan Guarantee Subsidies under the Federal Credit Reform Act and Statement of Federal Financial Accounting and Auditing Technical Release 6: Preparing Estimates for Direct Loan and Loan Guarantee Subsidies under the Federal Credit Reform Act

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