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Topic: Business
Number of pages / Number of words: 3 / 606
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Companies are required to follow the principles set by the FASB. The FASB establishes these principles by issuing pronouncements publicly; these pronouncements are: statements of financial accounting standards, statements of financial accounting concepts, FASB interpretations, FASB technical bulletins, and EITF Abstracts (Wikipedia [2], 2008)...


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The FASAB is a federal advisory committee. Federal financial reporting entities are required to adhere to release annual, audited financial statements, as per the Chief Financial Officers Act of 1990.

Governmental Accounting Standards Board

The Governmental Accounting Standards Board (GASB) is the source of generally accepted accounting principles (GAAP) used by State and Local governments...


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Ethics - FASB - Accounting FASB - GASB comparison FASB 123(R) FASB issues Fasb Standard Developments GASB and FASB Analysis Paper GASB and FASB Analysis How would International Financial Reporting Standards affect the quality of Canadian accounting information? Impact Of Recent Accounting And Financial Scandals On Regulatory Bodies The ISAB argues that the accruals and going concern concepts are key underlying assumption in the preparation of financial statements. Discuss the problems for companies in applying these accounting concepts and explain why other concepts might al... comparison of Medtronic's financial statements to Baxter's financial statements FASB Statement 86 Fasb Financial Accounting Concepts Gasb And Fasb

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