Go to the GASB Website, located at https://www.gasb.org. Under the "About Us" tab, review "Mission, Vision, & Core Values", "Facts about GASB", and "Strategic Plan".
Review the material on the GASB listening process, The Comment Letter, The Public Hearing, and the section on Task Forces and Advisory Committees, located at https://www.gasb.org/jsp/GASB/Page/GASBSectionPage&cid=1176156714545.
Briefly analyze the role of GASB and summarize the due process procedures in place for developing governmental accounting standards. In your analysis and summary, consider the stakeholder groups that benefit from governmental standards and how they might engage in the GASB process.Briefly analyze the role of GASB and summarize the due process procedures in place for developing governmental accounting standards. In your analysis and summary, consider the stakeholder groups that benefit from governmental standards and how they might engage in the GASB process.