FASAC

AcronymDefinition
FASACFinancial Accounting Standards Advisory Council
FASACFifth Avenue South Action Committee (Florida)
References in periodicals archive ?
Members of the FASAC are chosen from a cross-section of the FASB's stakeholders, including users, preparers, practitioners, association members, academics, and other parties interested in the integrity of full and complete financial reporting and disclosure.
Survey respondents included FASAC members as well as members of other FASB advisory groups, FASB Board members, and other external stakeholders.
FASAC was originally comprised in 1973 of some twenty experts from the fields of finance, accounting, industry, education, banking, and the legal profession.
Members of the FASAC are chosen from a cross-section of the FASB's stakeholders, including users, preparers, practitioners, associations, academics, and other parties interested in the integrity of full and complete financial reporting and disclosure.
As a member of the FASAC steering committee, Rickard will participate in the process of advising the FASB, including determinations involving the board's working agenda.
The primary function of the FASAC is to advise the FASB on issues related to projects on the Board's agenda, possible new agenda items, project priorities, procedural matters that may require the attention of the FASB, and other matters as requested by the chairman of the FASB.
At the same time, FAF established FASAC, with a mission to advise the board on issues that should be addressed.
Professional activities: Member of FASAC and the AICPA Governing Council
The FASAC is responsible for advising the Financial Accounting Standards Board (FASB) on technical issues, project priorities, and other matters that affect accounting standard setting.
I've been busy attending meetings on FEI's behalf such as the FASAC (Financial Accounting Standards Advisory Council) and COSO (Committee of Sponsoring Organizations of the Treadway Commission), of which FEI is one of the five founding organizations.