SFFACStatements of Federal Financial Accounting Concepts
SFFACSports Facilities Funding Assistance Committee
SFFACSolid Foundation for Abandoned Children, Inc. (Monrovia, Liberia)
SFFACSouth Florida Foot & Ankle Centers
References in periodicals archive ?
FASAB Concept Statement (SFFAC) 1, "Objectives of Federal Financial Reporting," stated that the FASAB identified four user-groups of federal financial information, and it repeated those users in SFFAC 4: 1) citizens; 2) Congress; 3) executives; and 4) program managers.
The FASAB promulgated SFFAC 4 because, over time, the consolidated financial report (CFR) had become complex and voluminous, and the FASAB recognized that the CFR was trying to serve too many masters.
The FASAB acknowledges that it bases its definition of a general user on FASB's definition in SFAC 1; paragraph 6 of SFFAC 4 as noted above, declares: