Financial Accounting Foundation

In the USA, the funding body of the Financial Accounting Standards Board; it appoints its members and reviews the process of setting standards and accounting principles.

Accounting dictionary. 2014.

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  • Financial Accounting Foundation — The Financial Accounting Foundation (FAF) is located in Norwalk, Connecticut. It is an independent, organization in the private sector that is responsible for oversight of the Financial Accounting Standards Board (FASB), the Governmental… …   Wikipedia

  • Financial Accounting Foundation — FAF The U.S. organization responsible for overseeing *financial reporting standards. Founded in 1972, the FAF has overseen both the *Financial Accounting Standards Board (FASB) and its *public sector equivalent, the *Governmental Accounting… …   Auditor's dictionary

  • Financial Accounting Foundation - FAF — An independent, private sector organization that is mainly responsible for establishing and improving financial accounting and operating standards, and educating its constituents about those standards. The Financial Accouting Foundation has… …   Investment dictionary

  • Financial Accounting Foundation (FAF) — unabhängige private Stiftung, die von den wichtigsten US amerikanischen Berufsorganisationen aus dem Bereich des Rechnungswesens, etwa dem ⇡ American Institute of Certified Public Accountants, getragen und finanziert wird. Die FAF finanziert,… …   Lexikon der Economics

  • Financial Accounting Standards Board — ( FASB) An accounting industry organization; part of the Financial Accounting Foundation. FASB issues Statements of Financial Accounting Standards that define and govern GAAP for nongovernment entities in the United States. FASB also publishes… …   Financial and business terms

  • Financial Accounting Standards Board — Das Financial Accounting Standards Board (FASB) ist ein us amerikanisches, privatrechtlich organisiertes Rechnungslegungsgremium.[1] Es hat die Zielsetzung festzulegen was United States Generally Accepted Accounting Principles (US GAAP) für… …   Deutsch Wikipedia

  • Financial Accounting Standards Board — Infobox Non profit Non profit name = Financial Accounting Standards Board Non profit Non profit type = founded date = 1973 founder = location = Norwalk, Connecticut origins = Board Members = Robert H. Herz, ChairmanGeorge J. Batavick,… …   Wikipedia

  • Financial Accounting Standards Board (FASB) — 1. Charakterisierung: Als Reaktion auf die Weltwirtschaftskrise in den frühen 30er Jahren wurde in den USA durch den Securities Act von 1933 die Börsenaufsichtsbehörde ⇡ SEC gegründet. Diese hat u.a. die Aufgabe, Rechnungslegungsvorschriften für… …   Lexikon der Economics

  • Accounting Foundation — An Australian accounting organization housed within the University of Sydney. Established in 1982, the foundation oversees the publication of the journal *Abacus, manages the activities of the *Pacioli Society, and funds accounting related… …   Auditor's dictionary

  • accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …   Universalium

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