About: Federal Accounting Standards Advisory Board

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The Federal Accounting Standards Advisory Board (FASAB) is a United States federal advisory committee whose mission is to improve federal financial reporting through issuing federal financial accounting standards and providing guidance after considering the needs of external and internal users of federal financial information. FASAB is designated as the body that sets U.S. generally accepted accounting principles (GAAP) for the United States Government and its component entities, referred to as federal financial reporting entities. The AICPA Council designated FASAB as the body that establishes GAAP for federal entities in 1999.

Attributes	Values
rdf:type	Thing schema:Organization dul:Agent dul:SocialPerson agent wikidata:Q24229398 Government agency Organization yago:Abstraction100002137 yago:AdministrativeUnit108077292 yago:Agency108337324 yago:Group100031264 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity government agency organisation yago:SocialGroup107950920 yago:Unit108189659 yago:WikicatAccountingOrganizations
rdfs:label	Federal Accounting Standards Advisory Board (en)
rdfs:comment	The Federal Accounting Standards Advisory Board (FASAB) is a United States federal advisory committee whose mission is to improve federal financial reporting through issuing federal financial accounting standards and providing guidance after considering the needs of external and internal users of federal financial information. FASAB is designated as the body that sets U.S. generally accepted accounting principles (GAAP) for the United States Government and its component entities, referred to as federal financial reporting entities. The AICPA Council designated FASAB as the body that establishes GAAP for federal entities in 1999. (en)
foaf:name	Federal Accounting Standards Advisory Board (en)
foaf:homepage	https://www.fasab.gov
foaf:depiction
location	Washington, DC
dcterms:subject	Accounting in the United States Accounting organizations Accounting standards United States federal boards, commissions, and committees
Wikipage page ID	4478305 (xsd:integer)
Wikipage revision ID	1003007352 (xsd:integer)
Link from a Wikipage to another Wikipage	United States Office of Management and Budget United States Secretary of the Treasury AICPA Comptroller General of the United States Washington, DC Federal Register Accounting in the United States Accounting organizations Accounting standards United States federal boards, commissions, and committees Chief Financial Officers Act of 1990 U.S. generally accepted accounting principles
Link from a Wikipage to an external page	http://www.fasab.gov https://www.fasab.gov https://www.federalregister.gov/agencies/federal-accounting-standards-advisory-board
sameAs	Federal Accounting Standards Advisory Board Federal Accounting Standards Advisory Board Federal Accounting Standards Advisory Board Federal Accounting Standards Advisory Board
dbp:wikiPageUsesTemplate	dbt:Infobox_Government_agency dbt:For dbt:Reflist dbt:Short_description
thumbnail	wiki-commons:Special:FilePath/FASAB_logo.png?width=300
formed	October 1990 (en)
headquarters	Washington, DC
logo
logo width	250 (xsd:integer)
website	https://www.fasab.gov
agency name	Federal Accounting Standards Advisory Board (en)
has abstract	The Federal Accounting Standards Advisory Board (FASAB) is a United States federal advisory committee whose mission is to improve federal financial reporting through issuing federal financial accounting standards and providing guidance after considering the needs of external and internal users of federal financial information. FASAB is designated as the body that sets U.S. generally accepted accounting principles (GAAP) for the United States Government and its component entities, referred to as federal financial reporting entities. The AICPA Council designated FASAB as the body that establishes GAAP for federal entities in 1999. The Chief Financial Officers Act of 1990 required annual, audited financial statements for the United States Government and its federal reporting entities. In order to apply the statutes of the CFO Act of 1990, the Secretary of the Treasury, the Director of the Office of Management and Budget (OMB), and the Comptroller General established FASAB to develop the "applicable accounting principles" for the newly required financial statements. FASAB issues the Statement of Federal Financial Accounting Standards (SFFAS), Interpretations, Technical Bulletins, Technical Releases, and Staff Implementation Guidance. FASAB standards are publicly available on its website--both by chapter and in the FASAB Handbook, which is updated annually. (en)
chief1 name	George A. Scott (en)
chief1 position	Chairman (en)
chief2 name	Monica R. Valentine (en)
chief2 position	Executive Director (en)
gold:hypernym	United
prov:wasDerivedFrom	wikipedia-en:Federal_Accounting_Standards_Advisory_Board?oldid=1003007352&ns=0
page length (characters) of wiki page	3926 (xsd:nonNegativeInteger)
formation year	1990-01-01 (xsd:gYear)
headquarter	Washington, DC
foaf:isPrimaryTopicOf	wikipedia-en:Federal_Accounting_Standards_Advisory_Board
is Link from a Wikipage to another Wikipage of	List of accountancy bodies List of federal agencies in the United States Annual comprehensive financial report Chief Financial Officers Act Generally Accepted Accounting Principles (United States) Federal takeover of Fannie Mae and Freddie Mac Fund accounting Office of Fiscal Service Balance sheet Governmental Accounting Standards Board Governmental accounting Accounting for leases in the United States FASAB National debt of the United States
is Wikipage redirect of	FASAB
is foaf:primaryTopic of	wikipedia-en:Federal_Accounting_Standards_Advisory_Board

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