How Does the FASB Seek Greater Comparability?
As we close the reciprocal meeting program started in 2002 by the FASB and the International Accounting Standards Board (IASB), the FASB has actualized a three-section system for looking for more noteworthy similarity in bookkeeping benchmarks globally:
1. Developing top notch GAAP benchmarks
2. Actively taking part in the advancement of International Financial Reporting Standards (IFRS)
3. Enhancing connections and correspondences with other national benchmarks setters.
Developing High Quality GAAP Standards
The FASB consistently endeavors to address the issues of speculators and different clients of GAAP-based money related reports, both inside and outside the United States, by enhancing
As we close the reciprocal meeting program started in 2002 by the FASB and the International Accounting Standards Board (IASB), the FASB has actualized a three-section system for looking for more noteworthy similarity in bookkeeping benchmarks globally:
1. Developing top notch GAAP benchmarks
2. Actively taking part in the advancement of International Financial Reporting Standards (IFRS)
3. Enhancing connections and correspondences with other national benchmarks setters.
Developing High Quality GAAP Standards
The FASB consistently endeavors to address the issues of speculators and different clients of GAAP-based money related reports, both inside and outside the United States, by enhancing