In a long-awaited shift in purview, the Auditing Standards Board has eliminated its standard on the hierarchy of generally accepted auditing standards just as the Financial Accounting Standards Board ...

New accounting guidance issued by GASB reduces from four to two the categories of authoritative GAAP in the GAAP hierarchy for state and local governments. Under GASB Statement No. 76, The Hierarchy ...

The University must adopt a new accounting standard (Accounting Standards Codification ... and they will be housed under the 76 series in our organizational hierarchy. The full hierarchy of the lease ...

The image to the left provides the Financial Accounting Standards Board's (FASB) decision-making framework as a flowchart to assist in distinguishing whether grants are exchange or non-exchange ...

The Governmental Accounting Standards Board has finalized a new standard that aims to simplify the structure of the hierarchy of Generally Accepted Accounting Principles for state and local ...

Finance and accounting firms typically offer a range of services to their clients from auditing and tax consulting to investment advisement. An organizational structure is essential to keep these ...