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A Clock, A Stopwatch, And A Looking Glass. The Timeliness Of The Fasb's Due Process: Is It Really Meeting Our Needs?, Alison Hamby
A Clock, A Stopwatch, And A Looking Glass. The Timeliness Of The Fasb's Due Process: Is It Really Meeting Our Needs?, Alison Hamby
Honors Theses
The Financial Accounting Standards Board (FASB) was established in 1973 in response to an increased demand in organized accounting standards set by an independent full-time board. In response, the FASB emerged with the following mission:
The mission of the Financial Accounting Standards , Board (FASB) is to establish and improve standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information (FASB Facts 2002).
The timeliness of the FASB has been under great scrutiny since the recent accounting scandals in 2002. The Sarbanes-Oxley Act of 2002 further increased the …