Briefly analyze the role of GASB and evaluate how GASB standard setting benefits stakeholder groups. In your analysis and summary, consider the principal stakeholder groups that benefit from governmental standards and how they might engage in the GASB process.

Briefly analyze the role of the FASB specific to not-for-profit organizations and evaluate how FASB standard setting benefits stakeholder groups. In your analysis and summary, consider the stakeholder groups that benefit from not-for-profit standards and how they might engage the FASB process.