Post-Implementation Reviews of Accounting Standards

摘要

The FASB, the GASB, and the IASB now have additional sources of feedback on their standards and standards-setting processes. Feedback is essential to maintaining and improving the quality of a process and its outputs. A new source of feedback recently was established for the benefit of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB) by their common parent, the Financial Accounting Foundation (FAF).