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FAF issues 2013 annual report

  • FAF (US Financial Accounting Foundation)  Image

May 09, 2014

The FAF has released its 2013 annual report, which outlines the FAF’s “future direction” as well as that of its standard-setting boards, the FASB and GASB.

Specifically, leaders from the FAF, FASB, and GASB offer their views on:

  • How to make global accounting standards more comparable.
  • When to develop accounting alternatives for private companies.
  • How to increase the transparency of governments’ financial positions.

The annual report also summarizes the accomplishments of these three organizations over the past year.

For more information, see the press release and annual report on the FASB’s Web site.

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