Governing Structure of Standard- Setting Boards
Fi nanci al Account i ngFoundat i on (FAF)
Financial Account ing Standards Advi sory Counci l
Financial Account ing Standards Board(FASB)
Government al Account ing Standards Board(GASB)
Government al Account ing Standards Advi sory Counci l
27
Financial Reporting – Different GAAP for Different Folks • Type of Entity: GAAP Set By: • Government GASB • Business FASB • Non-Profits FASB • Public Companies PCAOB / FASB
28
BlueBird CPAs
14
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