Question

to establish and improve standards of financial accounting and reporting that foster financial reporting by nongovernmental entities that provides decision-useful information to investors and other users of financial reports."" is the mission of

Answer 1

It is the mission of Financial Accounting Standards Board (FASB)

The Financial Accounting Standards Board (FASB) is a free non-benefit association liable for laying out bookkeeping and monetary detailing guidelines for organizations and non-benefit associations in the United States, following Generally Accepted Accounting Principles (GAAP).

The FASB was shaped in 1973 to succeed the Accounting Principles Board and continue its central goal.

These standards guide bookkeepers in their pragmatic use of commonly acknowledged techniques for introducing and revealing data such as, yearly reports documented by partnerships, and 10-K reports gave by organizations utilized broadly by financial investors while choosing whether to trade shares.

To learn more about Financial Accounting Standards Board (FASB).

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