Research Guides: Accountancy: Standards

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by Anne Trenholme Last Updated Oct 1, 2024 400 views this year

Feature: Financial Accounting Standards Board -- News Feed

The organization for standards of financial accounting since 1973, FASB maintains standards for accounting and reporting that are essential to efficiencies of the U.S. economy.

Recent News from FASB, including Webcast Series (including archived events)

FASB Webcast Series

Standards

FASB: Financial Accounting Standards Board
Financial Accounting Standards Board. Establishes, improves standards of financial accounting & reporting for professionals, corporations, and the public.
GASB: Governmental Accounting Standards Board
Government Accounting Standards Board. Establishes standards and improvements for state & government accounting & financial reporting.
Securities and Exchange Commission
Rules, news, video,f ilings and regulatory actions
American Institute of Certified Public Accountants
Accounting Standards, financial accounting, activities, projects, documents.

Who Sets Standards?

Financial Accounting Standards Board (FASB), American Institute of Certified Public Accountants (AICPA), Securities and Exchange Commission (SEC) and the International Accounting Standards Board (IASB) collaborate to create new standards and revise older ones so that financial information can be shared easily.

Sarbanes-Oxley and the PCAOB (Public Company Accounting Oversight Board) indicate significant changes in GAAP and the standards setting environment.