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FASB: Financial Accounting Standards Board
Norwalk USA
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Website: FASB: Financial Accounting Standards Board
Contact Person: Christine L. Klimek
Phone: 1-203-956-5347

The designated private sector organization in the U.S. that establishes financial accounting and reporting standards. FASB standards are recognized as authoritative by the U.S. Securities and Exchange Commission and the American Institute of Certified Public Accountants.


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Our financial reporting system is essential to the efficient functioning of the economy. That is because it is the means by which investors, creditors, and others receive the credible, transparent, and comparable financial information they rely on to make sound investment and credit decisions.


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The mission of the FASB is to establish and improve standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information.
Keywords: Financial Accounting Standards Board, finances, finance, accounting, articles, resources, annual reports, standards, FASB
META Description: The designated private sector organization in the U.S. that establishes financial accounting and reporting standards. FASB standards are recognized as authoritative by the U.S. Securities and Exchange Commission and the American Institute of Certified Public Accountants.
  
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