Accounting: Standards

This organization issues auditing and other standards for the profession.

The FASAB serves the public interest by improving federal financial reporting through issuing federal financial accounting standards and providing guidance after considering the needs of external and internal users of federal financial information.

The FASB, an independent, not-for-profit organization, establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally Accepted Accounting Principles (GAAP).

The GASB establishes accounting and financial reporting standards for U.S. state and local governments that follow Generally Accepted Accounting Principles (GAAP).

IMA is a worldwide association of accountants and financial professionals in business. They publish "Management Accounting Quarterly."

PCAOB was created by the Sarbanes-Oxley Act of 2002 and establishes auditing and related attestation, quality control, ethics, and independence standards and rules to be used by registered public accounting firms.

The SASB develops and disseminates sustainability accounting standards that help public corporations disclose material, decision-useful information to investors.

The SEC administers and enforces the securities laws of the United States, including issuing rules and releases regulating financial reporting of public companies. EDGAR documents are available at this site.

CPA Canada is the national organization representing the Canadian accounting profession through the unification of the three largest accounting organizations: the Canadian Institute of Chartered Accountants (CICA), the Society of Management Accountants of Canada, and Certified General Accountants of Canada (CGA-Canada), as well as the 40 national and provincial accounting bodies.

The FRC comprises the Accounting Council, Auditing Practices Board, and many other UK accounting bodies.

IASB (part of the IFRS Foundation) is the leading promulgator of international accounting standards. Summaries of IASB Standards are also available on their website. Further information about IASB Standards and other documents are available through the IAS Plus site mainatined by Deloitte Touche, including the Use of International Financial Reporting Standards by Jurisdiction (countries around the world).

IFAC supports the development, adoption and implementation of international standards for accounting education, ethics, and the public sector as well as audit and assurance. It supports four independent standard-setting boards, which establish international standards on ethics, auditing and assurance, accounting education, and public sector accounting.