Federal Accounting Standards Advisory Board: Difference between revisions
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''US government accounting.'' | |||
The US | |||
(FASAB). | |||
The Federal Accounting Standards Advisory Board is the US government Accounting Standards Board. | |||
The Board issues a number of Statements of Federal Financial Accounting Concepts (SFFAC) and Statements of Federal Financial Accounting Standards (SFFAS) which cover aspects of accounting standards similar to those issued to the private sector by the | The Board issues a number of Statements of Federal Financial Accounting Concepts (SFFAC) and Statements of Federal Financial Accounting Standards (SFFAS) which cover aspects of accounting standards similar to those issued to the private sector by the Financial Accounting Standards Board (FASB). | ||
Details of the FASAB's work and standards are available at: http://www.fasab.gov/ | |||
Take care to distinguish: | |||
*The ''Federal'' Accounting Standards ''Advisory'' Board (FASAB), dealing with public sector government accounting, from | |||
*The ''Financial'' Accounting Standards Board (FASB), which deals with accounting by private sector companies. | |||
== See also == | == See also == | ||
* [[ | * [[Corporate Reporting Council]] | ||
* [[ | * [[Financial Accounting Standards Board]] | ||
* [[Statement of federal financial accounting concept]] | * [[Statement of federal financial accounting concept]] | ||
* [[Statement of federal financial accounting standard]] | * [[Statement of federal financial accounting standard]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 09:20, 3 April 2019
US government accounting.
(FASAB).
The Federal Accounting Standards Advisory Board is the US government Accounting Standards Board.
The Board issues a number of Statements of Federal Financial Accounting Concepts (SFFAC) and Statements of Federal Financial Accounting Standards (SFFAS) which cover aspects of accounting standards similar to those issued to the private sector by the Financial Accounting Standards Board (FASB).
Details of the FASAB's work and standards are available at: http://www.fasab.gov/
Take care to distinguish:
- The Federal Accounting Standards Advisory Board (FASAB), dealing with public sector government accounting, from
- The Financial Accounting Standards Board (FASB), which deals with accounting by private sector companies.
