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FAF issues 2014 annual report

  • FAF (US Financial Accounting Foundation)  Image

May 18, 2015

The FAF has released its 2014 annual report, which focuses on the FAF/FASB/GASB strategic plan (published in April 2014) and how the organizations can “build a better GAAP.”

The report also summarizes the accomplishments of the three organizations over the past year and reiterates their four strategic goals:

  • “Practicing and promoting continued excellence in standard setting.”
  • “Demonstrating a commitment to leadership in standard setting.”
  • “Building and maintaining trust with stakeholders.”
  • “Contributing to the public discourse on current and future financial reporting issues.”

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

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