Federal Accounting Standards Advisory Board: Difference between revisions

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{{short description|Federal advisory committee}}
{{short description|Federal advisory committee}}
{{Distinguish|Financial Accounting Standards Board|Governmental Accounting Standards Board}}
{{Organization  
{{Organization  
|OrganizationName= Federal Accounting Standards Advisory Board
|OrganizationName= Federal Accounting Standards Advisory Board
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FASAB issues the Statement of Federal Financial Accounting Standards (SFFAS), Interpretations, Technical Bulletins, Technical Releases, and Staff Implementation Guidance.<ref>{{cite book|chapter-url=http://files.fasab.gov/pdffiles/handbook_foreword.pdf|title=FASAB Handbook of Federal Accounting Standards and Other Pronouncements|chapter=Foreword}}</ref> FASAB standards are publicly available on its website--both by chapter and in the FASAB Handbook, which is updated annually.<ref>{{cite web|url=http://fasab.gov/accounting-standards/|title=Standards & Guidance|website=fasab.gov}}</ref>
FASAB issues the Statement of Federal Financial Accounting Standards (SFFAS), Interpretations, Technical Bulletins, Technical Releases, and Staff Implementation Guidance.<ref>{{cite book|chapter-url=http://files.fasab.gov/pdffiles/handbook_foreword.pdf|title=FASAB Handbook of Federal Accounting Standards and Other Pronouncements|chapter=Foreword}}</ref> FASAB standards are publicly available on its website--both by chapter and in the FASAB Handbook, which is updated annually.<ref>{{cite web|url=http://fasab.gov/accounting-standards/|title=Standards & Guidance|website=fasab.gov}}</ref>


{{Organization
|OrganizationName= Federal Accounting Standards Advisory Board
|OrganizationType= Independent Agency
|Mission= To promote the accountability and transparency of the federal government's financial reporting by developing and implementing accounting standards for the U.S. Government.
|OrganizationExecutive= Chairperson
|Employees= 15
|Budget= Part of the U.S. Treasury Department's budget (specific allocation not publicly detailed)
|Website= https://www.fasab.gov/
|Services= Development of accounting standards; Research and analysis; Public consultations
|ParentOrganization=
|CreationLegislation= Memorandum of Understanding among the Comptroller General, Secretary of the Treasury, and Director of the Office of Management and Budget, 1990
|Regulations=
|HeadquartersLocation= 38.8973, -77.0099
|HeadquartersAddress= 441 G Street NW, Washington, DC 20548, USA
}}
'''Federal Accounting Standards Advisory Board (FASAB)''' is an independent advisory body that sets accounting standards for the United States Government's financial reports.


{{Official URL (simple)|url=https://www.fasab.gov}}
{{Official URL (simple)|url=https://www.fasab.gov}}