Original Pronouncements (Unamended)
For the most current and up-to-date source of official FASAB accounting and reporting guidance for federal entities, please access the current version of The FASAB Handbook of Accounting Standards and Other Pronouncements, As Amended (FASAB Handbook), not the individual pronouncements on this page..
Each new Statement of Federal Financial Accounting Standards (SFFAS), as well as other pronouncements developed by FASAB, is individually numbered (for example, SFFAS 1, SFFAS 2, etc.) and issued after following full due process. The original pronouncement is then posted to the website to maintain a historical record of each pronouncement in its original state. However, after the pronouncement is subsequently incorporated into the annual compilation of all FASAB pronouncements as of June 30 each year, the annual compilation supersedes each individual pronouncement. Amendments made by subsequent pronouncements update the annual compilation, not the original pronouncement. Therefore, after an individual pronouncement is incorporated into the annual compilation, the official authoritative source for that pronouncement becomes the annual compilation. Individuals should avoid referencing the original individual pronouncements as issued unless for historical or research purposes.
The links below will direct you to the original, unamended pronouncements, which should not be considered authoritative; they have been made available for historical reference and research purposes only.
Original (Unamended) Pronouncements
(for historical reference or research purposes only)
