answersLogoWhite

0


Best Answer

Consequently, broad public participation is encouraged in the accounting standard-setting process, which permits communication of all points of view and expressions of opinion at all stages of the process.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why does the GASB promote public participation?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is GASB an abbreviation of?

The abbreviation GASB stands for Govermental Accounting Standards Board. The GASB is the generally accepted accounting principles in each state and throughout the United States.


Is there any difference between public participation citizen participation community participation civil participation and civic participation?

Self Interest :) apex


What has the author John Clayton Thomas written?

John Clayton Thomas has written: 'Public participation in public decisions' -- subject(s): Public administration, Decision making, Citizen participation, Political participation 'Citizen, customer, partner' -- subject(s): Public administration, Citizen participation, Political planning, Public relations and politics


What is the second reason behind the GASB's establishment of standards?

(2) guide and educate the public, including issuers, auditors, and users of those financial reports.


What is the address of the GASB?

The GASB offices are located at 401 Merritt 7, P.O. Box 5116, Norwalk, Connecticut 06856-5116.


How does active participation promote independence in daily living?

it builds self confidence


How does the Financial Accounting Foundation influence the GASB?

The foundation is responsible for selecting the seven members of GASB and its Advisory Council, funding their activities, and exercising general oversight.


What does the public research interest group promote?

They Promote Jobs


The right to participate in government is called what?

The right to participate in government is called the right to public participation. The right to public participation is often conceived of as a human right.


How does the government promote participation in sport?

It spends more tax money on building/ improving sports facilities. It can also promote the participation, by raising awareness of the importance of sports in our daily activities. A good way to raise awareness is to encourage sports in the education system.


What is the first principle of the GASB?

To be objective and neutral in its decision making.


How do fashion designers promote their clothing?

The designers promote their clothing in public by being in TV advertisements and by telling the public about their clothing designs.