Financial Accounting Foundation

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August 31, 2024 4 min read Definitions

Financial Accounting Foundation: Guardians of Accounting Standards

Finance Accounting Financial Accounting Foundation FASB Accounting Standards Financial Reporting Governance

The Financial Accounting Foundation (FAF) is the organization responsible for the oversight, administration, and funding of the Financial Accounting Standards Board (FASB) in the United States. This article explores the historical context, roles, functions, and importance of the FAF.

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