Example sentences for: fasab

How can you use “fasab” in a sentence? Here are some example sentences to help you improve your vocabulary:

  • Asset definition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FASAB Consolidated Glossary (Appendix E) Capital leases (where government is the lessor) . . . . . . . . . . . . Title 2, L10; FAS No.

  • Such information is required for those entities (1) that control stewardship resources and (2) whose financial statements purport to be in accordance with Federal accounting principles as recommended by FASAB, and approved by the Secretary of the Treasury, the Director of OMB and the Comptroller General.

  • FASAB was created to consider and recommend accounting standards and principles.

  • Requests for interpretations should be directed to OMB's Office of Federal Financial Management or to the Executive Director, FASAB.

  • Reporting Additional or Supplementary Information - When financial information on such entities is included in general-purpose financial reports of a larger Federal reporting entity (including Treasury's consolidated financial report), any applicable standards recommended by the FASAB and issued by OMB and the General Accounting Office (GAO) that call for additional reporting or supplementary information should be applied.


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