The Statements of Governmental Accounting Standards are the final step in the GASB's decision making process. Standard
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Access the GASB's Web site at www.gasb.org; scroll down through the GASB Facts until reaching the Web page entitled "An Open Decision-Making Process." Then read through the process and prepare a one-page memorandum summarizing the steps the GASB takes before adopting a new governmental accounting standard.
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Related Book For
Advanced Financial Accounting
ISBN: 978-0078110924
9th edition
Authors: Richard Baker, Theodore Christensen, David Cottrell
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