Both financial and governmental accounting standards are under the auspices of the Financial Accounting Foundation.

Name: Both financial and governmental accounting standards are under the auspices of the Financial Accounting Foundation.
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The Financial Accounting Foundation (FAF) oversees both the Financial Accounting Standards Board (FASB), which sets financial accounting standards, and the Governmental Accounting Standards Board (GASB), which sets governmental accounting standards.

Both Financial and Governmental Accounting Standards Are Under the Auspices