Federal Accounting Standards Advisory Board and Fiduciary duty: Difference between pages

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(Correct erroneous references to Federal, to become Financial. Source: http://www.fasb.org/home)
 
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(FASAB).  
''Law.''


''US Government accounting.''
A fiduciary is a person who occupies a position of trust in relation to someone else such that he is required to act for the latter's benefit within the scope of that relationship.
 
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 their work and standards are available at: www.fasab.gov.




== See also ==
== See also ==
* [[Accounting Standards Board]]
* [[Board of directors]]
* [[Financial Accounting Standards Board]]
* [[Bona fide]]
* [[Statement of federal financial accounting concept]]
* [[Stewardship]]
* [[Statement of federal financial accounting standard]]
* [[Trustees]]


[[Category:Accounting_and_Reporting]]
[[Category:Compliance_and_audit]]

Revision as of 09:10, 25 January 2014

Law.

A fiduciary is a person who occupies a position of trust in relation to someone else such that he is required to act for the latter's benefit within the scope of that relationship.


See also