Accounting for an
A Joint Conference of the Financial Accounting Standards Board (FASB), the International Accounting Standards Board (IASB), and The Accounting Review ( TAR)
Financial Accounting Standards Board (FASB)
Established in 1973, the Financial Accounting Standards Board (FASB) is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut, that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow U.S. Generally Accepted Accounting Principles (GAAP).
The FASB conducts a Post-Implementation Review (PIR) of most major standards to evaluate whether the standard is achieving its objective by providing financial statement users with relevant information in ways that justify the cost of providing it. The PIR process is an important quality control mechanism built into FASB’s standard-setting process and academic research is an important input into the PIR process. More information about the PIR process is available on the PIR landing page . Information pertaining to the use of academic research in standard setting and links to resources that might be of particular interest to the academic community are available on the Academic landing page .
Currently, the FASB is engaged in post-implementation reviews of the standards among the topics of the Accounting for an Ever-Changing World conference. Following are links to FASB resources that may be of interest to those undertaking research related to these topic areas.
If you have any questions, please email the FASB Post-Doctoral Fellow at academics@FASB.org