| The Financial Accounting Foundation (FAF), which oversees the activities of the FASB and GASB in the US, has issued its annual report for 2010. The report, whose format resembles that of a public company, contains reviews of the actions of both Boards, management 's discussion and analysis of the FAF's activities, and audited financial statements.
The contents of the report are as follows:
Page 2 -- Message from the Chairman and the President & CEO
Page 10 -- Review of 2010 FASB Activities
Page 18 -- Review of 2010 GASB Activities
Page 26 -- Rosters of the Various Boards, Councils, and Advisory Groups
Page 34 -- Management’s Discussion and Analysis
Page 41 -- Financial Statements
The report can be accessed from the FAF homepage in the Recent Activity and News section. Annual reports for past years are available from the Annual Reports of the Foundation page.