Financial Accounting Standards Board (FASB)
The self-regulatory body for the accounting industry. FASB is comprised of seven members from the accounting field. Their primary function is to develop and publish the Generally Accepted Accounting Principles (GAAP), which establishes standards for preparing and auditing corporate financial reports. See GAAP. On the Web at www.fasb.org.
Browse by Subjects
Accounting Principles Board
Trueblood Report
conceptual framework
self-regulatory organization (SRO)
FASB
See All Related Terms »

co
demise
auditors fees
capital project
golden parachute agreement