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Article: Financial Accounting Foundation: five-year review of GASB, FASB is completed. (Governmental Accounting Standards Board, Financial Accounting Standards Board)
- Article from:
- PR Newswire
- Article date:
- January 26, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FINANCIAL ACCOUNTING FOUNDATION:
FIVE-YEAR REVIEW OF GASB, FASB IS COMPLETED
NEW YORK, Jan. 26 /PRNewswire/ -- Separate reports on the performance of the Governmental Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB), together with their advisory councils, were formally presented today to the board of trustees of the Financial Accounting Foundation (FAF), the body that appoints the members, provides the funds, and oversees the operations of both boards and councils.
The FASB, organized in 1973, sets standards for financial reporting of corporations and other private-sector, including ...