FAF strategic plan confirms that convergence may happen in instances but is not a top priority for the FASB
Posted by mostafa on 10 April, 2015
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The US Financial Accounting Foundation (FAF) board of trustees has approved a final version of the strategic plan for the FAF, the Financial Accounting Standards Board (FASB), and the Governmental Accounting Standards Board (GASB), which outlines the three organisations’ long-term vision and goals.