MEDIA ADVISORY 01/14/11

FASB to Host January 25 Webcast, 2011 Chairman’s Outlook on the FASB with Leslie F. Seidman

Norwalk, CT, January 14, 2011—The Financial Accounting Standards Board (FASB) today announced it will host a live, hour-long webcast beginning at 1:00 p.m. on Tuesday, January 25. The webcast, 2011 Chairman’s Outlook on the FASB, will feature FASB Chairman Leslie F. Seidman discussing the Board’s priorities for 2011, including updates on top projects and progress on its joint agenda with the International Accounting Standards Board.

The webcast will be moderated by Denise Lugo, a BNA Publications news correspondent who covers the accounting and finance industries. Webcast audience members will have the opportunity to submit questions by e-mail during the live webcast.

Details about registering for the webcast will be available at www.fasb.org in the coming week.


About the Financial Accounting Standards Board


Since 1973, the Financial Accounting Standards Board has been the designated organization in the private sector for establishing standards of financial accounting and reporting. Those standards govern the preparation of financial reports and are officially recognized as authoritative by the Securities and Exchange Commission and the American Institute of Certified Public Accountants. Such standards are essential to the efficient functioning of the economy because investors, creditors, auditors, and others rely on credible, transparent, and comparable financial information. For more information about the FASB, visit our website at www.fasb.org.