FAF Revises Process for Post-Implementation Review of Standards
May 14, 2020
The Financial Accounting Foundation (FAF) has announced changes to its
post-implementation review (PIR) process for new FASB and GASB accounting standards.
Changes include a shift in the leadership of future PIR projects from the FAF staff
to the FASB and GASB boards themselves.
For more information, see the press release on the FAF’s Web site.