Licensed practical nurses, who are called licensed vocational nurses in Texas and California, provide basic nursing care in a variety of health-care settings. LVNs and LPNs earn their training through a one-year nursing diploma program, typically offered at a vocational school or community college. After graduating from an accredited program and passing a national licensing exam, these nurses can practice in any of the 50 states.
Effective Dates. The FASB Accounting Standards Codification â¢ is the single source of authoritative nongovernmental U.S. Generally Accepted Accounting Principles (GAAP). The FASB offers a number of learning resources to help users get the most out of the Codification.
In the international business world, it is the International Accounting Standards Board (IASB) that sets the standards that foreign countries abide by for financial reporting. My nickname, GAAP, stands for generally accepted accounting principles. These are the principles that were developed by CAP and are currently overseen by the FASB. There are 10 concepts of accounting that make up GAAP.