2010 Pronouncements as Amended

2010 Pronouncements as Amended 2010 Pronouncements, As Amended, Statements of Federal Financial Accounting Concepts and Standards as of June 30, 2010 (PDF) Individual statements issued since June 30, 2010, and not included in the above volume: SFFAS 39—Subsequent Events: Codification of Accounting and Financial Reporting Standards Contained in the AICPA Statement on Auditing Standards (PDF)… Read More

Leases

Leases FASAB Contact, Ricky A. Perry, Jr., perryra@fasab.gov, 202-512-5720 Project Objective: SFFAS 54 The FASAB approved the Statement of Federal Financial Accounting Standards (SFFAS) 54, Leases, project to develop a comprehensive set of lease accounting standards for the federal government. The project was undertaken by the Board primarily because lease accounting standards contained in SFFAS… Read More

2006 Pronouncements as Amended

2006 Pronouncements as Amended Volume I as of June 30, 2006 (14.1 MB) In addition to the pronouncements issued as of June 30, 2006 which are incorporated in Volume I above, users may be interested in the following pronouncements issued after June 30, 2006: SFFAS 31 – Accounting for Fiduciary Activities (351 KB PDF) SFFAS… Read More

2007 Pronouncements as Amended

2007 Pronouncements as Amended Volume I as of June 30, 2007 ( 15.6 MB) Individual statements issued since June 30, 2007: Statement of Federal Financial Accounting Technical Release 8: Clarification of Standard Relating to Inter-Entity Costs (PDF) Statement of Federal Financial Accounting Technical Release  9: Implementation Guide for Statement of FASAB 29: Heritage Assets and Stewardship… Read More

2008 Pronouncements as Amended

2008 Pronouncements as Amended Volume I as of June 30, 2008 ( 15.6 MB) Individual statements issued since June 30, 2008: SFFAS 34 – The Hierarchy of Generally Accepted Accounting Principles, Including the Application of Standards Issued by the Financial Accounting Standards Board (128 KB PDF) SFFAS 33, Pensions, Other Retirement Benefits, and Other Post-employment… Read More

2009 Pronouncements as Amended

2009 Pronouncements as Amended Pronouncements as Amended as of June 30, 2009 (16.7 MB) Individual statements issued since June 30, 2008 and not included in the above volume: SFFAS 34 – The Hierarchy of Generally Accepted Accounting Principles, Including the Application of Standards Issued by the Financial Accounting Standards Board (128 KB PDF) SFFAS 35… Read More

Handbook by Chapter

Handbook by Chapter Accounting Standards and Other Pronouncements, As Amended Current Version Cover (PDF) Contents (PDF) Foreword (PDF) Preamble to Statements of Federal Financial Accounting Concepts (PDF) Statement of Federal Financial Accounting Concepts (SFFAC) SFFAC 1: Objectives of Federal Financial Reporting (PDF) SFFAC 2: Entity and Display (PDF) SFFAC 3: Management’s Discussion and Analysis (PDF)… Read More

Original Pronouncements (Unamended)

Original Pronouncements (Unamended) For the most current and up-to-date source of official FASAB accounting and reporting guidance for federal entities, please access the current version of The FASAB Handbook of Accounting Standards and Other Pronouncements, As Amended (FASAB Handbook), not the individual pronouncements on this page.. Each new Statement of Federal Financial Accounting Standards (SFFAS),… Read More

Staff Members

Staff Members Additional Contact Information (PDF) Monica R. ValentinePhone: 202-512-7350 Executive Director Monica R. Valentine is the Executive Director of the Federal Accounting Standards Advisory Board (FASAB). Ms. Valentine serves as the technical director and program administrator for FASAB. Technical activities include developing accounting standards for federal government departments and agencies as well as responding… Read More

AAPC Project Related to SFFAS 55, Amending Inter-entity Cost Provisions

AAPC: Accounting and Auditing Policy Committee AAPC Project Related to SFFAS 55, Amending Inter-entity Cost Provisions FASAB Contact, Melissa Batchelor, Assistant Director, batchelorm@fasab.gov, 202-512-5976 Project Objective Statement of Federal Financial Accounting Standards (SFFAS) 55, Amending Inter-entity Cost Provisions, amended SFFAS 4, Managerial Cost Accounting Standards and Concepts, and rescinded SFFAS 30, Inter-Entity Cost Implementation: Amending… Read More