FASB LAUNCHES FASB OUTLOOK QUARTERLY E-NEWSLETTER
The FASB Outlook presents current
accounting and financial reporting issues in a "plain-English," format designed
to provide quick access to stories of interest to busy professionals who are not
Norwalk, CT, January 23, 2014—The Financial Accounting
Standards Board (FASB), today launched the FASB Outlook, a new
quarterly, electronic newsletter designed to keep stakeholders informed about
key FASB projects and activities.
The FASB Outlook will be issued every three
months and whenever there is important breaking news to share. Regular features
Videos and profiles
of FASB members will highlight each edition, which also will include an
up-to-the-minute calendar of upcoming FASB meetings and events. The FASB
Outlook´s interactive format also enables stakeholders to
provide direct input on both the articles in the issue, as well as inform
the FASB of their specific interests.
- From the Chairman´s Desk, a column featuring FASB Chairman Russell G.
Golden´s insights on key issues facing the FASB
- What You Need to Know About..., a briefing on FASB projects that should be
on your radar, and
- A column featuring Board and staff perspectives on issues that impact
investors and other users of financial statements.
"We created the FASB
Outlook in response to stakeholder requests for sources of high-level
information about our projects in progress, as well as more forward-looking
insights into how the FASB´s endeavors may affect their business or
organization," said FASB Chairman Golden. "For those stakeholders who want to
take a deeper dive into the more technical issues, each feature will provide
links to new and existing content, video, and educational materials on our
updated FASB website."
In the coming weeks, the GASB will issue the
GASB Outlook, a new e-newsletter dedicated to keeping GASB stakeholders
out in front of what is coming up in the state and local government accounting
and financial reporting space.
Stakeholders can subscribe to the e-newsletter at no cost. Features from
the inaugural issue can be found on
the FASB website.
About the Financial Accounting
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 http://www.fasb.org/.