Advisory Bodies

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August 31, 2024 3 min read Definitions

Accounting Council: Advisory Body for Accounting and Financial Reporting

Finance Accounting Government Regulations Accounting Standards Financial Reporting FRC Advisory Bodies Regulatory Framework

The Accounting Council advises the Financial Reporting Council on accounting and financial reporting policies. Established in 2012, it plays a significant role in the development of Financial Reporting Standards.

August 31, 2024 4 min read Definitions

Council of Economic Advisers: Advisory Body for US Economic Policy

Economics Government Economic Policy US Government Advisory Bodies Economic Report CEA

The Council of Economic Advisers (CEA) is a US body of three academics appointed to advise the President on the state of the economy. They assist in the preparation of the President's annual Economic Report to Congress and in the formulation of US government economic policy.