Heads Up on structural changes at FAF, FASB, and GASB
Feb 29, 2008
In our News Story of 27 February 2008 we reported on the decision of the Trustees of the US Financial Accounting Foundation to make major changes to the oversight, structure, and operations of the FAF and its two standard-setting Boards, FASB and GASB, including reduction of the FASB from seven members to five.
Deloitte & Touche LLP (United States) has published a special edition of the Heads Up Newsletter (PDF 104k) explaining the structural changes.