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.
National Environmental Policy Act (NEPA) NOAAâs National Environmental Policy Act (NEPA) compliance is overseen by the Office of the General Counsel and the designated NOAA NEPA Coordinator. The NOAA NEPA Coordinator and staff provide information, training, and advice to staff across the agency in order to ensure NOAAâs compliance with NEPA.