The concept of Accounting Revenue Governance suggests that financial accounting standards serve the purpose of systematically measuring economic activity in a uniform and consistent manner. Accounting standards are part of a body of rules and principles commonly referred to as Generally Accepted Accounting Principles (GAAP). GAAP, as promulgated by the Financial Accounting Standards Board (FASB), are developed using a conceptual framework called due process. The FASB uses a set of due process procedures to ensure that the interests of its constituents are ...