What is the purpose of the Financial Accounting Standards Board? - purpose of financial accounting
After http://en.wikipedia.org/wiki/Financial_A ...
FASB is a private, nonprofit organization whose primary goal is to develop Generally Accepted Accounting Principles (GAAP), the United States in the public interest. "His mission is" to create and improve standards of accounting and financial reporting for the guidance and education of the public, including issuers, auditors and users of financial information
Thursday, January 21, 2010
Purpose Of Financial Accounting What Is The Purpose Of The Financial Accounting Standards Board?
1 comment:
Since the FASB's website: "The mission of the FASB is to establish and standards of accounting and financial reporting for the improvement of counseling and educating the public, including issuers, auditors and users of financial information ..."
You can use the rest of the mission statement on the second link below.
Larry (CPA)
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