FASB to Begin Video Webcasting Education Sessions

The Financial Accounting Foundation said Monday it would begin live video webcasting of all education sessions hosted by the Financial Accounting Standards Board.

Education sessions are public FASB meetings that allow the board members to learn about financial reporting issues that are expected to be discussed at an upcoming decision-making meeting and to consider alternative ways of addressing them. Education sessions are usually held one week before a public board meeting is held on that same topic. No official FASB decisions are made at education sessions.

In December, the FAF began video webcasts of all FASB decision-making meetings. The FAF is the independent, private-sector organization responsible for the oversight of the FASB and the Governmental Accounting Standards Board.

The first FASB education sessions to be video webcast are scheduled to take place on Wednesday, March 9 following the weekly board meeting. Education session topics are posted on the FASB Web site at www.fasb.org.

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