The Financial Accounting Standards Board is the designated organization for establishing standards of financial accounting and reporting. Those standards govern the preparation of financial reports. The FASB is officially recognized as authoritative by the Securities and Exchange Commission and the American Institute of Certified Public Accountants.
Global Definitions Database
Financial Accounting Standards Board (FASB)
Source: NCREIF PREA Reporting Standards | Date: 30 October 2020 | ID: D0050 | Version: 5