 | |
| Company type | Private |
|---|---|
| Industry | Accounting |
| Founded | June 30, 1972 in Norwalk, Connecticut, United States |
| Headquarters | Norwalk, Connecticut , United States |
Key people | John Auchincloss (executive director) |
| Website | accountingfoundation |
The Financial Accounting Foundation (FAF) is located in Norwalk, Connecticut, United States. It was organized in 1972 as a non-stock, Delaware Corporation. It is an independent organization in the private sector, operating with the goal of ensuring objectivity and integrity in financial reporting standards. FAF operates four branches in its organization: the Financial Accounting Standards Board (FASB), the Governmental Accounting Standards Board (GASB), the Financial Accounting Standards Advisory Council (FASAC), and the Governmental Accounting Standards Advisory Council (GASAC).