Asked by
Anete Gražule
on Nov 13, 2024Verified
The Sustainability Accounting Standards Board
(SASB) standards are required, just as GAAP standards are required.
Sustainability Accounting Standards Board
A board that was organized in 2011 to develop accounting standards that help companies report decision-useful sustainability information to external financial statement users.
GAAP
Commonly adhered to accounting rules and standards for financial reporting, known as Generally Accepted Accounting Principles.
- Identify the distinctive features and prerequisites of managerial accounting reports in contrast to financial accounting reports.
Verified Answer
MT
Learning Objectives
- Identify the distinctive features and prerequisites of managerial accounting reports in contrast to financial accounting reports.
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