FINANCIAL ACCOUNTING FOUNDATION PUBLISHES 2012 ANNUAL REPORT

Norwalk, CT, May 22, 2013—The Financial Accounting Foundation (FAF) today published its 2012 Annual Report. The FAF is the independent, private-sector organization responsible for the oversight of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).

The 2012 Annual Report is available on the FAF website at www.accountingfoundation.org, the FASB website at www.fasb.org, and the GASB website at www.gasb.org.

A hard copy of the 2012 Annual Report may be requested by contacting Ms. Saira Zafar at szafar@f-a-f.org.


About the Financial Accounting Foundation

The FAF is responsible for the oversight, administration, and finances of both the Governmental Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB). The Foundation is also responsible for selecting the members of both Boards and their respective Advisory Councils.