Welcome to the Federal Accounting Standards Advisory Board
The mission of the FASAB is to promulgate federal accounting standards after considering the financial and budgetary information needs of citizens, congressional oversight groups, executive agencies, and the needs of other users of federal financial information. Accounting and financial reporting standards are essential for public accountability and for an efficient and effective functioning of our democratic system of government. Thus, federal accounting standards and financial reporting play a major role in fulfilling the government's duty to be publicly accountable and can be used to assess (1) the government's accountability and its efficiency and effectiveness, and (2) the economic, political, and social consequences of the allocation and various uses of federal resources. This website provides access to all publications issued by FASAB including exposure drafts, the volumes presenting original pronouncements and current text, newsletters, minutes and meeting agendas.
If you have questions about state and local governmental entity accounting, please visit http://www.gasb.org/.
If you have questions about non-governmental entity accounting, please visit http://www.fasb.org/.
Contact Information
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Address: 441 G Street NW Suite 6814 Washington, DC 20548 |
Phone: 202 512-7350 Fax: 202 512-7366 Email:fasab@fasab.gov |