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EVERYTHING HAS A HISTORY The AHA provides leadership for the discipline by protecting academic freedom, developing professional standards, supporting scholarship and innovative teaching, and helping
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Who needs statements standards and guidelines?

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Organizations that want to maintain consistency in their financial reporting.
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Statements standards and guidelines refer to the set of rules and regulations that outline how financial statements should be prepared, presented, and disclosed.
All companies, organizations, and entities that are required to prepare financial statements are required to file statements standards and guidelines.
Statements standards and guidelines can be filled out by following the instructions provided by the relevant regulatory authority or accounting standards board.
The purpose of statements standards and guidelines is to ensure that financial information is presented accurately, transparently, and consistently.
Information such as revenue, expenses, assets, liabilities, and equity must be reported on statements standards and guidelines.
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