Accounting standards allow different accounting departments and firms use similar practices and produce similar quality in their accounting.
Accounting Standards Sites.
American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA)
The AICPA sets ethical standards for the profession and U.S. auditing standards for audits of private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination and offers specialty credentials for CPAs who concentrate on personal financial planning; fraud and forensics; business valuation; and information technology.
Federal Accounting Standards Advisory Board (FASAB) - Handbook
The most up-to-date, authoritative source of generally accepted accounting principles (GAAP) developed for federal entities. The handbook is updated annually to incorporate pronouncements issued by FASAB.
Financial Accounting Standards Board - Accounting Standards Updates.
The FASB Accounting Standards Codification® (FASB Codification) is the sole source of authoritative GAAP other than SEC-issued rules and regulations that apply only to SEC registrants.
Public Company Accounting Oversight Board - Standards
The Sarbanes-Oxley Act directs the Board to establish auditing and related professional practice standards for registered public accounting firms to follow in the preparation of audit reports for public companies, other issuers, and broker-dealers.
