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.
OPPA is a non-profit trade association whose membership is comprised of distributors, suppliers, multi-line reps and service providers of imprinted promotional and advertising products. Membership is primarily located in Ohio, but also includes members from across the nation and Canada. The Purpose of OPPA is: 1  Enhance the image of Promotional Product Advertising and to increase utilization in the market place. 2  Continually provide education and strive for the development of higher standards of professionalism from members, and the Promotional Products industry as a whole.