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    The GASB, its Structure, and its Mission

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    Identify the organization's mission; what types of entities they regulate, determine if they are regulated by the government, whether they have enforcement authority, and what is their website.

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    GASB stands for Governmental Accounting Standards Board. It is an independent, private-sector, professional entity that establishes accounting and financial reporting standards for state and local governments. "The mission of the GASB is to establish and improve standards of state ...

    Solution Summary

    This solution discusses the Governmental Accounting Standards Board(GASB) and its background.