On this page:
Maintaining standards in accountancy is vitally important. To help you understand and find the standards, this page contains resources related to research for Accounting and Auditing standards, in the boxes below.
Accounting Standards and Resources
Accounting standards are methodologies and disclosure requirements for the preparation and presentation of financial statements. -OECD Glossary of Statistical Terms
- Accounting Research ManagerDatabase of accounting and auditing engagement standards and includes summaries, question and answers, practice aids, illustrations, and source reference lists. Limited to two users at a time.
- American Institute of CPAs (AICPA)AICPA represents the CPA profession nationally regarding rule-making and standard-setting, and serves as an advocate before legislative bodies, public interest groups and other professional organizations.
On the site, you can find Statements of Position, Auditing & Accounting Guides, Audit Risk Alerts, and Monthly Literature Updates. - Financial Accounting Standards Board (FASB)The Financial Accounting Standards Board (FASB) is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut, that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally Accepted Accounting Principles (GAAP).
Here you can find Accounting Standards Codification (including GAAP), the Emerging Issues Task Force, and Pre-Codification Literature. - International Accounting Standards Board (IFRS)The IFRS Foundation is a not-for-profit, public interest organisation established to develop a single set of high-quality, understandable, enforceable and globally accepted accounting standards and to promote and facilitate adoption of the standards.
Here you can find the International Financial Reporting Standards (IFRS), the Interpretations Committee, and the International Accounting Standards.
Auditing Standards and Resources
An independent auditor plans, conducts, and reports the results of an audit in accordance with generally accepted auditing standards (GAAS). Auditing standards provide a measure of audit quality and the objectives to be achieved in an audit. -PCAOB
- Public Company Accounting Oversight BoardThe PCAOB oversees the audits of public companies and SEC-registered brokers and dealers in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports.
Here you can find Standards, Rules, Research and Standard-Setting Projects, and Guidance Related to the Standards. - U.S. Government Accountability OfficeThe U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for Congress.
Here you can find the Generally Accepted Accounting Standards (Yellow Book), the Financial Audit Manual, and regular Professional Standards Updates.
Librarian
Danielle Futoran Turos
she/her/hers
Contact:
Visit me: Milner Library, room 418
Please contact for in-person appointment.
Email: dmfutor@ilstu.edu
Please contact for in-person appointment.
Email: dmfutor@ilstu.edu
309-438-5891