FASB Joins Twitterverse

Last week, the Financial Accounting Foundation, overseer of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB) announced it has joined the Twitterverse, using the handle @FAFNorwalk www.twitter.com/FAFNorwalk. Whether the FAF/FASB/GASB's tweets will be limited to press releases (as their first two tweets have been) or extend into informal opinions of board/staff members remains to be seen.

In making this move, FASB joins other famous twitterers who have many followers, including Oprah Winfrey, Larry King, Ashton Kutcher, and the SEC. (The IASB and PCAOB, to my knowledge, have not yet joined Twitter, although they were among the first to offer podcasts of board meetings and other information). Here's a list of the top twitterers based on number of followers via Twitterholic, and here's an interesting article with another take: On Twitter, It's Follower Quality, Not Quantity, That Matters (NYT 8/7/10).

As you may know, the FEI Blog has been on Twitter for a number of years, at @feiblog (www.twitter.com/feiblog . And you can stay up to date with other FEI news at @feinews (www.twitter.com/feinews .

For those of you who are not that familiar with Twitter, you can get a pretty good introduction by watching "Twitter Frenzy" from the March 2, 2009 episode of Jon Stewart's "The Daily Show" on Comedy Central.

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