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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.

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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.


What is the address of the GASB?

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


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.


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


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 is the first principle of the GASB?

To be objective and neutral in its decision making.


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 active participation promote independence in daily living?

it builds self confidence


What is the sixth principle of the GASB?

To review the effects of past decisions for appropriateness.


What does the public research interest group promote?

They Promote Jobs


Why does the GASB adhere to a policy of objectivity and neutrality?

Objective and neutral means freedom from bias, precluding GASB from placing any particular interest above the interests of the many who rely on the information contained in financial reports.