[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-180313-105":59,"doc-detail-180313-en":130},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":123,"head_meta":125,"extra_data":127,"updated_unix":129},105,"en","financial-accounting-foundation-structure","Financial Accounting Foundation Structure","","This document outlines the organizational structure and purposes of the Financial Accounting Foundation (FAF) and its related bodies: the Financial Accounting Standards Board (FASB), the Governmental Accounting Standards Board (GASB), the Financial Accounting Standards Advisory Council (FASAC), the Governmental Accounting Standards Advisory Council (GASAC), and Staff and Task Forces. The FAF is responsible for selecting members of the FASB and GASB, funding their activities, and general oversight. The FASB establishes and improves standards of financial accounting and reporting for the public, while the GASB does the same for state and local governments. Both advisory councils, FASAC and GASAC, consult on major policy and technical issues, project priorities, and the organization of task forces. The Staff and Task Forces assist the respective Boards by performing research, analysis, and writing functions. The document details the interrelationships between these entities through organizational charts and descriptions of their core functions and objectives.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/financial-accounting-foundation-structure/180313/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/financial-accounting-foundation-structure/180313.png","ImageObject",300,407,{"name":92,"@type":93},"Gelato","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-09-19","2026-09-02",true,{"@type":102,"interactionType":103,"userInteractionCount":81},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What is the primary role of the Financial Accounting Foundation (FAF)?","Question",{"text":112,"@type":113},"The Financial Accounting Foundation (FAF) is responsible for selecting members of the FASB and GASB, funding their activities, and exercising general oversight of these bodies.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What is the distinction between the FASB and the GASB?",{"text":117,"@type":113},"The FASB establishes and improves standards of financial accounting and reporting for the public (issuers, auditors, and users of financial information), whereas the GASB focuses on establishing and improving standards of financial accounting specifically for state and local governments.",{"name":119,"@type":110,"acceptedAnswer":120},"What function do the Staff and Task Forces serve?",{"text":121,"@type":113},"The Staff and Task Forces assist the FASB and GASB by performing research, analysis, and writing functions related to reporting issues.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},180313,1788340250,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":66,"file_id":134,"file_url":135,"file_type":136,"file_size":137,"view_count":81,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":138,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":129,"read_time":143},19241457091524,"https://us-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","cbCaiewP7lD713ms","https://ap.wps.com/l/cbCaiewP7lD713ms","pdf",910805,54,"English","# Financial Accounting Foundation (FAF)\n## Purpose\n# Financial Accounting Standards Board (FASB)\n## Purpose\n# Governmental Accounting Standards Board (GASB)\n## Purpose\n# Financial Accounting Standards Advisory Council (FASAC)\n## Purpose\n# Governmental Accounting Standards Advisory Council (GASAC)\n## Purpose\n# Staff and Task Forces\n## Purpose","[{\"question\":\"What is the primary role of the Financial Accounting Foundation (FAF)?\",\"answer\":\"The Financial Accounting Foundation (FAF) is responsible for selecting members of the FASB and GASB, funding their activities, and exercising general oversight of these bodies.\"},{\"question\":\"What is the distinction between the FASB and the GASB?\",\"answer\":\"The FASB establishes and improves standards of financial accounting and reporting for the public (issuers, auditors, and users of financial information), whereas the GASB focuses on establishing and improving standards of financial accounting specifically for state and local governments.\"},{\"question\":\"What function do the Staff and Task Forces serve?\",\"answer\":\"The Staff and Task Forces assist the FASB and GASB by performing research, analysis, and writing functions related to reporting issues.\"}]","Financial Accounting Foundation Structure | PDF",136]