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News Releases

  • August 3, 2009 - Member News: John Farrell and James Patton Complete Service; Michael Granof and Scott Showalter Begin Five-Year Terms

  • July 28, 2009 - FASAB Releases Standard on the GAAP Hierarchy for Federal Entities (PDF)

  • July 6, 2009 - FASAB Releases Exposure Draft on Accounting for Federal Oil and Gas Resources (PDF)

  • June 4, 2009 - Exposure Draft Proposing to Defer the Effective Date of Technical Bulletin 2006-1

  • February 4, 2009 - FASAB Issues a Concepts Statement Entitled Distinguishing Basic Information, Required Supplementary Information, and Other Accompanying Information (PDF)

  • December 2, 2008 - FASAB Releases Exposure Draft on the GAAP Hierarchy for Federal Entities (PDF)

  • November 17, 2008 - FASAB Releases Exposure Draft on Social Insurance (PDF)

  • November 14, 2008 - FASAB Issues an Exposure Draft Entitled: Estimating the Historical Cost of General Property, Plant, and Equipment -- Amending Statements of Federal Financial Accounting Standards 6 and 23 (PDF)

  • October 14, 2008 - FASAB PUBLISHES SFFAS 33, PENSIONS, OTHER RETIREMENT BENEFITS, AND OTHER POST-EMPLOYMENT BENEFTS: REPORTING GAINS AND LOSES FROM CHANGES IN ASSUMPTIONS AND SELECTING DISCOUNT RATES AND VALUATION DATES  (PDF)

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

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

  • 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 (pdf)

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

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

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

  • 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 (pdf)

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

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

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

  • 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 (pdf)

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

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

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

  • 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 (pdf)

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

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

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

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

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

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

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

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