The Purpose of the Financial Accounting Standards Board Quizlet
What is the purpose of the Financial Accounting Standards Board quizlet? The Financial Accounting Standards Board (FASB) is a private, not-for-profit organization whose primary purpose is to develop Generally Accepted Accounting Principles. The FASB is responsible for identifying financial accounting issues, conducting research, and resolving them by issuing new accounting standards. Read more on quizlet.com … Read more