The Basic Rules of Accounting. ... To be accurate, there is a third entity, the Government Accounting Standards Board, that most business people do not have to worry about.

The Financial Accounting Standards Board (FASB) is an independent organization that sets accounting standards for companies and nonprofits in the United States.

Accounting principles help hold a company’s financial reporting to clear and regulated standards. In the United States, these standards are known as the Generally Accepted Accounting Principles ...

DUBAI - Harmonisation of accounting standards can be easily achieved through a regional approach rather than a country by country basis, according to Dr Ahmed Abdullah Al Meghames, ...

The simplified set of accounting standards is applicable for all entities that do not have public accountability or do not issue any financial instruments in a public market — i.e., listed and ...