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.
The pre-zoning ordinance adopted by the City Council on April 20, 1998 designates the entire sphere of influence area as âSPâ (Specific Plan District). The zoning designation of SP requires the area be developed with a series of Specific Plans that carry out objectives of the SOI General Plan, with land uses consistent with the approved General Plan.