Financial accounting standards board

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Reference no: EM131204931

Everyone on the bus! It's time for a field trip. Travel to the site of the Financial Accounting Standards Board (FASB) and search for the Generally Accepted Accounting Principles (GAAP). What are some of the responsibilities of the FASB?

Is there a similar organization for governmental accounting?

What is the purpose of the FASB?

How might International Financial Reporting Standards impact U.S. business?

Reference no: EM131204931

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