The Financial Accounting Standards Board has launched the FASB Outlook, a new quarterly e-newsletter designed to keep people informed about FASB’s current projects and activities.
The FASB Outlook presents current accounting and financial reporting issues in a “plain-English” format to provide access to stories of interest to busy professionals who are not technical accountants.
The FASB Outlook will be published every three months and whenever there is important breaking news to share.
Regular features will include:
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.
Videos and profiles of FASB members will highlight each issue, which also will include an updated calendar of FASB meetings and events.
An interactive format enables readers to provide input on both the articles, as well as inform FASB of specific interests.
“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,” Golden said in a statement. “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 Web site.”
In the weeks ahead, FASB’s sister organization, the Governmental Accounting Standards Board, plans to launch the GASB Outlook, a new e-newsletter dedicated to keeping GASB stakeholders informed about upcoming developments in the state and local government accounting and financial reporting space.