The Financial Accounting Standards Board, which sets the standards for GAAP, states that assets deliver a probable future benefit. On the other hand, expenses result in using up assets, such as cash, to produce goods and services.he Financial Accounting Standards Board, which sets the standards for GAAP, states that assets deliver a probable future benefit. On the other hand, expenses result in using up assets, such as cash, to produce goods and services.
The AWPA is the only ANSI-accredited standards developer that requires a rigorous evaluation plus an open peer review of that data where the largest collection of experts in the field of wood protection in North America gather for the purpose of evaluating which wood preservatives are worthy to be standardized in the AWPA Book of Standards.
What does âAICPâ mean? The American Institute of Certified Planners (AICP) is the professional institute of the American Planning Association (APA). Membership in AICP is the nationally recognized means of attesting to an individualâs professional competence and ethics in the field of planning. Membership requirements include a combination of education and professional planning experience and a passing score on the AICP comprehensive examination.