Archived News Releases

YearDateTopic
Details
2017Nov 15, 2017 Document for CommentFASAB Issues its Annual Report and Three-Year Plan (PDF)
2017Nov 01, 2017Final PronouncementFASAB Staff Issues Technical Bulletin 2017-2, Assigning Assets to Component Reporting Entities
(PDF)
2017Nov 01, 2017Final PronouncementFASAB Staff Issues Technical Bulletin 2017-1, Intragovernmental Exchange Transactions
(PDF)
2017Oct 27, 2017 (PDF)Final PronouncementFASAB Issues Statement of Federal Financial Accounting Standards 53, Budget and Accrual Reconciliation
2017Oct 02, 2017 (PDF)Final PronouncementAAPC Issues Technical Release 18, Implementation Guidance for Establishing Opening Balances
2017Sep 22, 2017 (PDF)Final PronouncementFASAB Issues Statement of Federal Financial Accounting Concepts 8, Federal Financial Reporting
2017Sep 12, 2017 (PDF)
Document for CommentFASAB Staff Exposes Draft Technical Bulletin 2017-2, Assigning Assets to Component Reporting Entities
2017Sep 05, 2017 (PDF)Document for CommentFASAB Staff Exposes Draft Technical Bulletin 2017-1, Intragovernmental Exchange Transactions
2017Sep 01, 2017 (PDF)Document for CommentFASAB Issues an Exposure Draft to Revise Inter-entity Cost Provisions
2017June 21, 2017 (PDF)
Document for CommentAAPC Releases an Exposure Draft Technical Release: Implementation Guidance for Establishing Opening Balances
2017May 31, 2017 (PDF)Final PronouncementFASAB Issues Statement of Federal Financial Accounting Standards 52, Tax Expenditures
2017May 17, 2017 (PDF)FASAB Board MembersGraylin Smith Reappointed to FASAB
2017
Apr 10, 2017 (PDF)Final PronouncementAAPC Issues Technical Release 17: Conforming Amendments to Technical Releases for SFFAS 50, Establishing Opening Balances for General Property, Plant, and Equipment
2017Jan 18, 2017 (PDF)Final PronouncementFASAB Issues Statement of Federal Financial Accounting Standards 51, Insurance Programs
2016Dec 21, 2016 (PDF)Document for CommentFASAB Issues an Exposure Draft of a Statement on Budget and Accrual Reconciliation
2016Dec 8, 2016 (PDF)OtherAAPC Requests Your Help Identifying SFFAS 50 Implementation Issues by December 22, 2016
2016Nov 28, 2016 (PDF)OtherFASAB Announces Survey on Reporting Model and Performance Reporting Projects
2016Nov 28, 2016 (PDF)OtherFASAB Announces Survey on Priorities for the Future
2016Nov 22, 2016 (PDF)Document for CommentAAPC Releases an Exposure Draft Technical Release: Conforming Amendments to Technical Releases for SFFAS 50, Establishing Opening Balances for General Property, Plant, and Equipment
2016Nov 15, 2016 (PDF)Document for CommentFASAB Issues its Annual Report and Three-Year Plan
2016Oct 17, 2016 (PDF)FASAB Board MembersPatrick McNamee Appointed to FASAB
2016Sep 29, 2016 (PDF)Document for CommentFASAB Issues an Exposure Draft of a Concepts Statement on Federal Financial Reporting
2016Sep. 26, 2016 (PDF)Document for CommentFASAB Issues Exposure Draft Leases: An Amendment of SFFAS 5, Accounting for Liabilities of the Federal Government and SFFAS 6, Accounting for Property, Plant, and Equipment
2016Aug 04, 2016 (PDF)Final PronouncementFASAB Issues Statement of Federal Financial Accounting Standards 50, Establishing Opening Balances for General Property, Plant, and Equipment: Amending Statement of Federal Financial Accounting Standards (SFFAS) 6, SFFAS 10, SFFAS 23, and Rescinding SFFAS 35
2016Jun 02, 2016 (PDF)Document for CommentFASAB Issues Exposure Draft Tax Expenditures: Management’s Discussion and Analysis and Disclosure Requirements
2016Apr 27, 2016 (PDF)
Final PronouncementFASAB Issues Statement of Federal Financial Accounting Standards 49, Public-Private Partnerships: Disclosure Requirements
2016Jan 27, 2016 (PDF)Final PronouncementFASAB Issues Statement of Federal Financial Accounting Standards 48, Opening Balances for Inventory, Operating Materials and Supplies, and Stockpile Materials
2016Jan 19, 2016 (PDF)Final PronouncementTechnical Release 16: Implementation Guidance for Internal Use Software
2015Dec 30, 2015 (PDF)Document for CommentFASAB Proposes Standards for Insurance Programs
2015Dec 22, 2015 (PDF)Document for CommentFASAB Proposes Guidance for Establishing Opening Balances for General Property, Plant, and Equipment
2015Nov 16, 2015 (PDF)Document for CommentFASAB Issues its Annual Report and Three-Year Plan
2015Sep 16, 2015 (PDF) Document for CommentAAPC Issues an Exposure Draft
Technical Release: Implementation Guidance for Internal Use Software
2015July 22, 2015 (PDF)FASAB Board MembersGila Bronner and George Scott Appointed to the FASAB
2015July 21, 2015 (PDF)FASAB Board MembersScott Showalter Appointed to Chair the FASAB
2015Jun 02, 2015 (PDF)Document for CommentFASAB Releases Exposure Draft
Opening Balances for Inventory, Operating Materials and Supplies (OM&S) and Stockpile Materials
2014Dec 23, 2014 (PDF)Final PronouncementFASAB Issues Statement of Federal Financial Accounting Standards 47, Reporting Entity (PDF)
2014Oct 17, 2014 (PDF)Final PronouncementFASAB Defers Effective Date of the Transition to Basic Information for Long-Term Projections
2014October 1, 2014 (PDF)Document for CommentFASAB Requests Comments on Public-Private Partnerships: Disclosure Requirements.
2014July 11, 2014 (PDF)FASAB Board MembersMember News: Michael Granof and Scott Showalter Reappointed for Second Terms
2014April 30, 2014 (PDF)Document for CommentFASAB Requests Your Comments Regarding Deferral of the Transition of Long-Term Projections to Basic Information
2013Dec 16, 2013 (PDF) Document for CommentFASAB Requests Input on its Three-Year Plan and Annual Report
2013Sep 26, 2013 (PDF)Final PronouncementAAPC Issues Technical Release 15, Implementation Guidance for General Property, Plant, and Equipment Cost Accumulation, Assignment and Allocation
2013July 8, 2013 (PDF)Final PronouncementFASAB Defers Effective Date of the Transition to Basic Information for Long-Term Projections
2013April 03, 2013 (PDF)Document for CommentFASAB Requests Comments on its Reporting Entity Proposal (PDF)
2013March 1, 2013 (PDF)Document for CommentAAPC Requests Comments on Proposed Implementation Guidance on General Property, Plant, and Equipment Cost Accumulation, Assignment, and Allocation
2013January 3, 2013 (PDF)Final PronouncementFASAB Issues Standards on Asset Impairment
2012November 20, 2012 (PDF)Document for CommentFASAB Requests Your Comments Regarding Deferral of the Transition of Long-Term Projections to Basic Information
2012November 15, 2012 (PDF)Document for CommentFASAB Issues its Annual Report and Three-Year Plan
2012July 19, 2012 (PDF)Mission StatementFASAB Updates its Mission Statement
2012June 5, 2012 (PDF)FASAB Board MembersMember News: Graylin Smith and Harold Steinberg Appointed
2012June 1, 2012 (PDF)Final PronouncementFASAB Issues Standards for Reporting Dedicated Collections (formerly Earmarked Funds)
2012Apr. 25, 2012 (PDF)Final PronouncementFASAB Revises Standards for Reporting Deferred Maintenance and Repairs
2012Feb. 28, 2012 (PDF)Document for CommentFASAB Requests Comments on Proposed Accounting for Impairment
of General Property, Plant, and Equipment Remaining in Use
2012Jan. 11, 2012 (PDF)Informational ReportFASAB Issues Three-Year Plan
2011Nov. 30, 2011 (PDF)FASAB Board MembersMember News: Sam McCall Appointed to a Five-Year Term
2011Oct 6, 2011 (PDF)Final PronouncementAAPC Issues Statement of Federal Financial Accounting Technical Release 14, Implementation Guidance on the Accounting for the Disposal of General Property, Plant & Equipment
2011Sept 22, 2011 (PDF)Final PronouncementFASAB Staff Issues Technical Bulletin 2011-2, Extended Deferral of the Effective Date of Technical Bulletin 2006-1, Recognition and Measurement of Asbestos-Related Cleanup Costs
2011Sept 7, 2011 (PDF)OtherFASAB Approves Plan to Address Federal Lease Accounting Standards
2011August 16, 2011 (PDF)Final PronouncementFASAB Issues Concepts Statement on Measurement
2011July 25, 2011 (PDF)FASAB Board MembersFASAB Mourns Elmer Staats, Former Chairman
2011July 13, 2011 (PDF)Document  for CommentFASAB Staff Exposes Draft Technical Bulletin 2011-2, Extended Deferral of the Effective Date of Technical Bulletin 2006-1
2011 July 7, 2011 (PDF)Informational ReportAAPC Issues a Records Retention Timeframes for Property, Plant, & Equipment Research Report
2011Jul. 6, 2011 (PDF) Final Pronouncement FASAB Issues Final Standard 41, Deferral of the Effective Date of SFFAS 38, Accounting for Federal Oil and Gas Resources
2011Jul. 6, 2011 (PDF) Final Pronouncement FASAB Staff Issues Technical Bulletin 2011-1, Accounting for Federal Natural Resources Other Than Oil and Gas
2011Jun. 27, 2011 (PDF)Document  for CommentFASAB Requests Comments on Proposed Deferred Maintenance
and Repairs Standards
2011June 1, 2011 (PDF)Final PronouncementAAPC Issues Statement of Federal Financial Accounting Technical Release 13, Implementation Guide for Estimating the Historical Cost of General Property, Plant & Equipment
2011May 19, 2011 (PDF)Informational ReportAAPC Issues a Management’s Discussion and Analysis Best Practices Report
2011May 11, 2011 (PDF)Final PronouncementFASAB Issues Final Standard 40, Definitional Changes Related to Deferred Maintenance and Repairs: Amending Statement of Federal Financial Accounting Standards 6, Accounting for Property, Plant, and Equipment
2011     Jan. 5, 2011 (PDF)
Document  for CommentFASAB Releases an Exposure Draft that Proposes to Defer the Effective Date of SFFAS 38,
Accounting for Federal Oil and Gas Resources
2011 Jan. 5, 2011 (PDF)
Document  for Comment FASAB Staff Exposes Draft Technical Bulletin 2011-1, Accounting for Federal Natural Resources Other Than Oil and Gas
2010 Dec. 22, 2010 (PDF)

Informational Report
FASAB Financial Reporting Model Task Force Issues Recommendations for Enhancing the Federal Reporting Model
2010 Dec. 10, 2010 (PDF)

Document  for Comment AAPC Issues two Federal Financial Accounting Technical Release Exposure Drafts Entitled: Implementation Guidance on the Accounting for the Disposal of G-PP&E and Implementation Guide for Estimating the Historical Cost of G-PP&E
2010 Sep. 13, 2010 (PDF)

Document  for Comment
FASAB Issues an Exposure Draft of a Concepts Statement on Measurement of the Elements of Accrual-Basis Financial Statements in Periods After Initial Recording
2010 Aug. 4, 2010 (PDF)
Final Pronouncement
AAPC issues Technical Release 12, Accrual Estimates for Grant Programs
2010 Aug. 4, 2010 (PDF)

Final Pronouncement
FASAB Issues Standard on Subsequent Events: Codification of Accounting and Financial Reporting Standards Contained in the AICPA Statements on Auditing Standards
2010 Jun. 2, 2010 (PDF)
Final Pronouncement
AAPC Issues Technical Release 10: Implementation Guidance on Asbestos Cleanup Costs Associated with Facilities and Installed Equipment and Technical Release 11: Implementation Guidance on Cleanup Costs Associated with Equipment
2010 May 4, 2010 (PDF)
Document  for Comment FASAB Releases Definitional Changes Related to Deferred Maintenance and Repairs: Amending Statement of Federal Financial Accounting Standards 6, Accounting for Property, Plant, and Equipment.
2010 Apr. 13, 2010 (PDF)
Final Pronouncement
FASAB Issues Standard on Accounting for Federal Oil and Gas Resources
2010 Apr. 5, 2010 (PDF)

Final Pronouncement
SFFAS 37 - Social Insurance: Additional Requirements for Management’s Discussion and Analysis and Basic Financial Statements
2010 Mar. 22, 2010 (PDF)
Document for Comment
AAPC Publishes Exposure Draft of a New Federal Financial Accounting Technical Release Entitled Accrual Estimates for Grant Programs
2009 Oct. 20, 2009 (PDF)
Document for Comment
FASAB Issues Exposure Draft on Subsequent Events: Codification of Accounting and Financial Reporting Standards Contained in the AICPA Statements on Auditing Standards
2009 Oct. 14, 2009 (PDF)
Final Pronouncement
FASAB Issues Standard on Estimating the Historical Cost of General, Property, Plant, and Equipment
2009 Sep. 28, 2009 (PDF)
Final Pronouncement
FASAB Issues Requirements for Fiscal Sustainability Reporting
2009 Sep. 22, 2009 (PDF)
Final Pronouncement FASAB Staff Issues Technical Bulletin 2009-1, Deferral of the Effective Date of Technical Bulletin 2006-1
2009 Sep. 3, 2009 (PDF)
Document for Comment
AAPC Releases Exposure Draft on Implementation Guidance on Asbestos Cleanup Costs Associated with Facilities and Installed Equipment
2009 Sep. 3, 2009 (PDF)
Document for Comment
AAPC Releases Exposure Draft on Implementation Guidance on Cleanup Costs Associated with Equipment
2009 Aug. 3, 2009 (PDF)
FASAB Board Members
John Farrell and James Patton Complete Service; Michael Granof and Scott Showalter Begin Five-Year Terms
2009 Jul. 28, 2009 (PDF)
Final Pronouncement
FASAB Releases Standard on the GAAP Hierarchy for Federal Entities
2009Jul. 6, 2009 (PDF) Document for Comment
FASAB Releases Exposure Draft on Accounting for Federal Oil and Gas Resources
2009Jun. 4, 2009 (PDF)
Document for Comment
Exposure Draft Proposing to Defer the Effective Date of Technical Bulletin 2006-1
2009Feb. 4, 2009 (PDF)
Final Pronouncement
FASAB Issues a Concepts Statement Entitled Distinguishing Basic Information, Required Supplementary Information, and Other Accompanying Information
2008 Dec. 2, 2008 (PDF)
Document for Comment
FASAB Releases Exposure Draft on the GAAP Hierarchy for Federal Entities
2008 Nov. 17, 2008 (PDF)
Document for Comment
FASAB Releases Exposure Draft on Social Insurance
2008 Nov. 14, 2008 (PDF)
Document for Comment
FASAB Issues an Exposure Draft Entitled: Estimating the Historical Cost of General Property, Plant, and Equipment -- Amending Statements of Federal Financial Accounting Standards 6 and 23
2008 Oct. 14, 2008 (PDF)
Final Pronouncement
FASAB Publishes SFFAS 33, Pensions, Other Retirement Benefits, And Other Post-Employment Benefits: Reporting Gains And Loses From Changes In Assumptions and Selecting Discount Rates and Valuation Dates
2008 Sep. 2, 2008 (PDF)
Document for Comment
FASAB Issues an Exposure Draft Entitled: Reporting Comprehensive Long-Term Fiscal Projections for the U.S. Government
2008 Mar. 26, 2008 (PDF)
Document for Comment
FASAB Issues a Concepts Statement Exposure Draft Entitled: Distinguishing Basic Information, Required Supplementary Information, and Other Accompanying Information
2008 Feb. 26, 2008 (PDF)
Final Pronouncement
FASAB Issues Statement of Federal Financial Accounting Technical Release 8: Clarification of Standard Relating to Inter-Entity Costs and Technical Release 9: Implementation Guide for tatement of FASAB 29: Heritage Assets and Stewardship Land  
2007 Dec. 26, 2007 (PDF)
Final Pronouncement
FASAB Issues SFFAC 5 Definitions of Elements and Basic Recognition Criteria for Accrual-Basis Financial Statements
2007 Sep. 26, 2007 (PDF)
Other
FASAB Extends Comment Period for the Exposure Draft Entitled Accounting for Federal Oil and Gas Resources
2007 Aug. 3, 2007 (PDF) Document for Comment
FASAB Issues an Exposure Draft Entitled Reporting Gains and Losses from Changes in Assumptions and Selecting Discount Rates and Valuation Dates
2007 Jun. 21, 2007 (PDF)
FASAB Board Members

Claire Cohen Completes Five-Year Term; Alan Schumacher Begins Second Five-Year Term; and Hal Steinberg Joins for a Five-Year Term
2007 Jun. 11, 2007 (PDF)
Document for Comment
AAPC Issues an Exposure Draft Entitled Implementation Guide for SFFAS 29: Heritage Assets and Stewardship Land
2007 Jun. 5, 2007 (PDF)
Document for Comment
AAPC Issues an Exposure Draft Entitled Clarification of Standards Related to Inter-Entity Cost
2007 Jun. 1 ,2007 (PDF)
Final Pronouncement
FASAB Issues Technical Release 7, Clarification of Standards Relating to the National Aeronautics and Space Administration's Space Exploration Equipment
2007 May 21, 2007 (PDF)
Document for Comment
FASAB Issues an Exposure Draft Entitled Accounting for Federal Oil and Gas Resources
2007 Mar. 16, 2007 (PDF)
Final Pronouncement
FASAB Issues Interpretation 7: Items Held for Remanufacture
2007 Feb. 16, 2007 (PDF)
Other
FASAB Establishes Fiscal Sustainability Task Force
2007 Feb. 6, 2007 (PDF)
Other
Social Insurance Reminder Notice

2006 Nov. 21, 2006 (PDF)
FASAB Board Members
FASAB Welcomes New Board Member
2006 Oct. 24, 2006 (PDF)
Final Pronouncement
FASAB Issues SFFAS 31, Accounting for Fiduciary Activities
2006 Oct. 23, 2006 (PDF)
Document for Comment
FASAB Issues Preliminary Views Regarding Accounting for Social Insurance
2006 Sep. 28, 2006 (PDF)
Final Pronouncement FASAB Releases Technical Bulletin 2006-1, Recognition and Measurement of Asbestos-Related Cleanup Costs
2006 Aug 1, 2006 (PDF)
Document for Comment
FASAB Issues an Exposure Draft Entitled Interpretation: Items Held for Remanufacture
2006 Nov. 2, 2006 (PDF)
Informational Report
FASAB Issues Report Entitled FASAB’s Strategic Directions—Clarifying FASAB’s Near-Term Role in Achieving the Objectives of Federal Financial Reporting
2006 Sep. 28, 2006 (PDF)
Final Pronouncement
FASAB Releases SFFAS 32 - Consolidated Financial Report of the United States Government Requirements
2006 Jul. 25, 2006 (PDF)
Other
FASAB to Operate under a Revised Memorandum of Understanding among it Sponsors
2006 Jun. 7, 2006 (PDF)
Document for Comment
FASAB Issues Proposed Concept Statement on Elements and Recognition
2006 Jun. 1, 2006 (PDF)
Document for Comment
FASAB Issues Exposure Draft on Recognition and Measurement of Asbestos-Related Cleanup Costs