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FASB - Financial Accounting Standards Board
FASB (pronounced: faz-bee) standing for Financial Accounting Standards Board.
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.
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 importance of public sector accounting
FASB - Financial Accounting Standards Board
FASB (pronounced: faz-bee) standing for Financial Accounting Standards Board.
FASB (pronounced: faz-bee) standing for Financial Accounting Standards Board.
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.
In the United States of America, FASB for the private sector, and GASB for the government sector.
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.
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.
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.
no
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The standards agencies responsible for the OSI standards architecture are the International Organization for Standardization (ISO) and the International Telecommunications Union-Telecommunications Standards Sector