Accounting Regulatory Bodies
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Title: Accounting Regulatory Bodies

Essay Details:

Subject: Business
Author: Tiffany P
Date: May 23, 2011
Level:
Grade: A
Length: 2 / 337

Essay text:

“The Government Accounting Standards Board (GASB) is the independent organization that establishes and improves standards of accounting and financial reporting for U.S. state and local governments” (Government Accounting Standards Board, n.d.). The third regulatory body is the International Accounting Standards Boars or IASB for short. “The IASB is committed to developing, in the public interest, a single set of high quality, understandable and enforceable global accounting standards that require transparent and comparable information in general purpose financial statements” (International Accounting Standards Board, n...

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