Federal Accounting Standards Advisory Board and Federal Reserve System: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Update links.)
 
imported>Doug Williamson
m (Organisation check 5/5/13 - no change)
 
Line 1: Line 1:
''US government accounting.''  
''US Banking.''  
 
Often referred to as the Federal Reserve or simply 'the Fed,' the central banking system of the United States which sets, implements and supervises monetary policy.  
(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.


== See also ==
== See also ==
* [[Corporate Reporting Council]]
* [[Board of Governors of the Federal Reserve System]]
* [[Financial Accounting Standards Board]]
* [[Fed funds]]
* [[Statement of federal financial accounting concept]]
* [[Federal Reserve Bank]]
* [[Statement of federal financial accounting standard]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 15:21, 5 May 2013

US Banking. Often referred to as the Federal Reserve or simply 'the Fed,' the central banking system of the United States which sets, implements and supervises monetary policy.

See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Federal_Accounting_Standards_Advisory_Board&oldid=20402’