answersLogoWhite

0

Financial Accounting Standards Board (FASB) set US GAAP (Generally Accepted Accounting Practices)

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Who set accounting rules?

Financial Accounting Standards Board (FASB) set US GAAP (Generally Accepted Accounting Practices)


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.


What sets the guidelines and rules for what the US national government can do and not do?

The U.S. Constitution.


What are accounting principles?

The Accounting Principles are the assenition rules of accounting and the application of these rules, method & procedures to actual practice of accounting. These Accounting principles have been divided into a. accounting concepts b. accounting conventions.


What is the 3 golden rules of accounting?

personal accounting nominal accounting real accounting


What amendment is part of the US Constitution sets rules about billeting soldiers in us citizen's homes?

8th


What is the 3 golden rules of?

personal accounting nominal accounting real accounting


What is the 4-letter abbreviation for the organization that sets the rules for most US high-school sports?

What is the 4-letter abbreviation for the organization that sets the rules for most US high-school sports?Read more: What_is_the_4-letter_abbreviation_for_the_organization_that_sets_the_rules_for_most_US_high-school_sports


What is the principle of accountancy?

principle is the word which means universally accepted terms that are applicable to all concepts of a particular theory. the principle of accounting states that the these rules of accounting principle helps us to rely on accounting and maintain a uniformity to the records


What is the accounts principle?

principle is the word which means universally accepted terms that are applicable to all concepts of a particular theory. the principle of accounting states that the these rules of accounting principle helps us to rely on accounting and maintain a uniformity to the records


Why accounting principles are important in accounting cycles?

The Accounting Principles are the assenition rules of accounting and the application of these rules, method & procedures to actual practice of accounting. These Accounting principles have been.The basic principle of accounting is to identify, record, and communicate financial transactions. The simple form of the basic accounting equation is assets equals liabilities plus equity.