FAF to Begin Streaming Trustee Meetings

The Financial Accounting Foundation said Wednesday that it plans to start streaming audio from the public sessions of future meetings of its Board of Trustees.

The FAF oversees the Financial Accounting Standards Board, the Governmental Accounting Standards Board and the Private Company Council from its headquarters in Norwalk, Conn. The FAF recently redesigned its Web site to commemorate its 40th anniversary, including adding more multimedia features (see FAF and FASB Revamp Web Sites for 40th Anniversary).

The FAF said that future public FAF Trustee meetings, including the public sessions of the upcoming Aug. 20, 2013 meeting, will be audio-streamed live on the FAF’s Web site at www.accountingfoundation.org/webcasts. The meeting is scheduled to take place at the Omni Berkshire Place in New York City.  The Board of Trustees plans to meet in closed session beginning at 8:00 a.m. and again at the conclusion of the open session to discuss administrative and oversight matters.

The open portion of the meeting is expected to begin at approximately 11:45 a.m. and end at approximately 1:10 p.m. In the event that there are technical difficulties with the audio streaming, the meeting will be archived for future access on the FAF’s Web site.

The agenda for the open meeting is expected to include a report from FAF chairman Jeffrey Diermeier, a discussion of the revised proposal on GASB’s scope of authority, a report from the Standard-Setting Process Oversight Committee, and reports from FASB’s new chairman Russell Golden, GASB’s new chairman David Vaudt, Financial Accounting Standards Advisory Council chairman Charles Noski, Governmental Accounting Standards Advisory Council chairman Martin Benison, FAF president and CEO Terri Polley and FAF treasurer Frank Brod. The agenda and speakers may be subject to change.

For those participants who wish to attend a public meeting in person, they must register here at least 24 hours before the meeting. For a list of upcoming FAF meetings, click here.

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