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Topic: Business
Number of pages / Number of words: 3 / 710
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Their main hope and goal is to one day that there will be only one set of accounting standards that will be used throughout the world.

The Governmental Accounting Standards Board (GASB)

The fourth organization that assists as a regulatory accounting body is the GASB. “The mission of the Governmental Accounting Standards Board is to establish and improve standards of state and local governmental accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the public, including issuers, auditors, and users of those financial reports” (GASB 2008, ¶1)...


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“The mission of the Governmental Accounting Standards Board is to establish and improve standards of state and local governmental accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the public, including issuers, auditors, and users of those financial reports” (GASB 2008, ¶1)...


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