Financial Accounting Standards Board
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From the Paper:"THE FINANCIAL ACCOUNTING STANDARDS BOARD
This research examines the Financial Accounting Standards Board (FASB). The examination begins with a brief history of the FASB and a consideration of the purpose of the organization. Major accomplishments of the FASB are discussed, and the current debate surrounding the FASB are addressed.
Purpose and History of the FASB
Financial accounting is concerned with recording the actual financial activities of an organization. The purpose of financial accounting, thus, is to provide the financial information necessary for an organization to do its job and for an organization to be able to accurately report its performance to investors, creditors, and governmental agencies. Public confidence.."
Cite this Research Paper:
Financial Accounting Standards Board (2003, February 10) Retrieved December 12, 2019, from https://www.academon.com/research-paper/financial-accounting-standards-board-13243/
"Financial Accounting Standards Board" 10 February 2003. Web. 12 December. 2019. <https://www.academon.com/research-paper/financial-accounting-standards-board-13243/>