GAAP SFAS

Financial Accounting Standards Board (FASB) pronouncements consist of Statements of Financial Accounting Standards ("SFAS"), Statements of Financial Accounting Concepts("SFAC"), Interpretations, Technical Bulletins, and Staff Positions, which together present rules and guidelines for preparing, presenting, and reporting financial statements within the United States according to generally accepted accounting principles ("GAAP") in the United States Of America.

简单来说，the "Financial Accounting Concepts Bulletin" (SFAC) and "SFAS" (SFAS) together constitute the United States generally accepted accounting principles (GAAP).