The Federal Accounting Standards Advisory Board (FASAB) has published its annual report for fiscal year 2023 and three-year plan running through 2026.
The three-year plan in the report highlighted the board’s final issuances on intragovernmental leasehold reimbursable work agreements and omnibus amendments to lease-related topics.
It also highlighted the board's kickoff of a long-term project that will reexamine existing standards.
FASAB also issued four exposure drafts during the fiscal year, including a long-awaited one on management discussion and analysis. Read more.
The board will accept comments on the combined report through Thursday, Jan. 18, by email at fasab@fasab.gov.