NAREIT Discusses Performance and Cash Flow Reporting at FASB Roundtable

At a Financial Accounting Standards Board (FASB) roundtable in December, George Yungmann, NAREIT's senior vice president for financial standards, offered NAREIT's recommendations for changes to performance and cash flow reporting.

FASB held the Dec. 16 meeting to solicit feedback on potential topics to add to its agenda.

Yungmann relayed NAREIT's position that GAAP income and cash flow statements should be restructured to provide the flexibility for companies to report these statements under a management’s approach so that REITs and other companies could report more relevant information to investors and other financial statement users in their income statements and cash flow statements.

(Contact: George Yungmann at

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