need to go to www.fasab.gov and prepare a brief report about its mission and structure and compile a list of organizations represented on its accounting and Auditing Police committee. Also can a copy of the full text of the FASAB statements from the website and if not how do you obtain a copy of a statement pertinent to federal agencies and what is the cost of the purchase?
Answer
FASAB web site may change over time, but the website does provide extensive information about the FASAB mission, structure, and Due process. A good source of information is Memorandum of Understanding between the Comptroller General, Director of OMB, and the Secretary of the Treasury that created the FASAB, Which currently is a 10 Member Board. Because FASAB's technical projects and members of the Accounting and Auditing Policy Committee will change over time, Student Should descirbe the projects and committee representation that currently exist,
All the statament and other pronouncements of the FASAB, including compendiums of all original Pronouncements and a current text that codifies all pronouncements in topic format are available for downloading from its web site for free. All Due process Documents are also available at the site.
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