Dear Stakeholders:

The FAF Trustees approved the final version of our strategic plan at their meeting on November 15, 2022. We would like to thank all those who engaged with us during the planning process. We will hold ourselves accountable for progress on this plan in the years ahead, and use our annual report to update you on the specific steps we have taken to achieve each of the plan’s six goals.

Thank you again for your support for the independent standard-setting process.

Edward C. Bernard, Chair, FAF Board of Trustees
John W. Auchincloss, Executive Director, Financial Accounting Foundation