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"I feel really terrible. My folks have divorced. They have moved apart, and I don't know where to live." Which would be a reflection of feeling in response to this client?
Financial Accounting Standards Board
A stand-alone body in charge of setting and refining standards for financial accounting and reporting in the USA.
Generally Accepted Accounting Principles
A framework of accounting standards, principles, and procedures that companies must follow when compiling their financial statements, ensuring transparency and uniformity across industries.
Public Company Accounting Oversight Board
A nonprofit organization established by Congress to oversee the audits of public companies to ensure the accuracy and integrity of financial statements.
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