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Q: What organization set the accounting standards for private sector organization in the US?
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The private sector organization involved in developing accounting principles is the?

FASB - Financial Accounting Standards Board


What is The organization that sets accounting standards for private sector organizations in the US?

FASB (pronounced: faz-bee) standing for Financial Accounting Standards Board.


What organization that sets accounting standards for private sector organizations in the US is the?

FASB (pronounced: faz-bee) standing for Financial Accounting Standards Board.


In what year was FAF organized?

The FAF is the Financial Accounting Foundation. The FAF oversees the Financial Accounting Standards Board and the Governmental Accounting Standards Board. It was organized in 1972 as an independent private sector organization.


What is a list of accounting standards?

In the United States of America, FASB for the private sector, and GASB for the government sector.


Differences between public sector accounting and private sector accounting?

The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.


What authority for compliance with GAAP has existed throughout the period of standard settings?

The Financial Accounting Foundation (FAF) is the private-sector organization with responsibility for the oversight, administration, and finances of the Financial Accounting Standards Board (FASB), the Governmental Accounting Standards Board (GASB), and their advisory councils, the Financial Accounting Standards Advisory Council (FASAC) and the Governmental Accounting Standards Advisory Council (GASAC). The FAF selects the members of the standard-setting Boards and Councils, and protects the independence of the Boards.


What is the difference between public sector accounting as opposed private sector accounting?

1. The private sector accounting prepared accrual basis but public sector Accounting prepared cash basis. 2. The public sector account fixed assets treated expense but Private sector account fixed assets treated capital. 3. The public sector account analysis report Public but private sector account analysis report not public. 4. The public sector account fixed assets not calculated depreciation but private sector account fixed assets depreciation calculated.


What is the international public sector accounting standards board IPSASB?

no


Why would you work for public sector organization over a private sector organization?

Chumma Lollalaikku>>>>>>>>>>>>>>>


What is private sector accounting?

When you grab your dads balls and tell him you love him


What standards agencies are responsible for the OSI standards architecture?

The standards agencies responsible for the OSI standards architecture are the International Organization for Standardization (ISO) and the International Telecommunications Union-Telecommunications Standards Sector