FASB’s annual report on its efforts to gather and use investor feedback in its standard-setting process highlights how investors played a key role in actions taken by the board.
According to the 2023 Investor Outreach Report, FASB engaged in more than 435 investor interactions in the year that ended June 30, with buy-side and sell-side representatives accounting for nearly two-thirds of those interactions.
FASB conducted two-thirds of the interactions via interviews and other outreach, while 29% related to FASB’s advisory groups, led by the recently expanded FASB Investor Advisory Committee. Learn more.