FASB’s core objectives include ensuring consistency and comparability in financial reporting, providing information that is relevant to users, and promoting transparency in financial statements of private companies. GASB operates under the financial accounting and reporting principles established by the American Institute of Certified Public Accountants (AICPA) and has the authority to establish standards for state… Continue reading The Difference in Accounting Practices Between GASB & FASB Chron com
Orgullosamente Colombianos.