If the entity is a state or local governmental unit, it is subject to the reporting standards and requirements of the Government Accounting Standards Board.
FASB (pronounced: faz-bee) standing for Financial Accounting Standards Board.
FASB (pronounced: faz-bee) standing for Financial Accounting Standards Board.
Financial Accounting Standards Board (FASB) set US GAAP (Generally Accepted Accounting Practices)
Not exactly. The FASB conceptual framework sets the general philosophies that the specific reporting standards are based on. For example, the framework establishes that the accrual basis of accounting should be used; the idea that expenses should be matched with the corresponding revenues (the Matching Principle), the Principle of Conservatism, etc. The specific reporting standards generally work inside this framework, unless doing so would mislead financial statement users.
Department of Labor
The Federal Government
regulated federalism
A one world government refers to one central government that sets the standards that the entire world must follow. This type of government may contain leaders from every nation.
The W3C
do you think unifrom transmission standards and code sets were included in HIPAA?
who sets the standards for work place competency