Financial Accounting Standards Board F01-02b

Which organizations are responsible for developing accounting standards in the United States?

  1. Financial Accounting Standards Board (FASB).
  2. Securities and Exchange Commission (SEC).
  3. American Institute of Certified Public Accountants (AICPA).
  4. Financial Accounting Foundation (FAF).
  5. Financial Accounting Standards Advisory Council (FASAC).
  6. Governmental Accounting Standards Board (GASB).