Examples of Standards Board in a sentence
The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles.
Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context.
These financial statements may be required to be prepared in accordance with, or be reconciled to, accounting principles generally accepted in the United States of America, or GAAP, or international financial reporting standards as issued by the International Accounting Standards Board, or IFRS, depending on the circumstances and the historical financial statements may be required to be audited in accordance with the standards of the Public Company Accounting Oversight Board (United States), or PCAOB.
The Governmental Accounting Standards Board has set forth criteria to be considered in determining financial accountability.
These financial statements have been prepared in accordance with International Accounting Standards Interim Reporting (referred to as IAS 34) as published by the International Accounting Standards Board (referred to as the IASB).The financial statements have been prepared on a going concern basis using the historical-cost convention.