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Financial Accounting Standards Board FASB is a designated private sector organization for establishing financial accounting and reporting standards. Site includes summaries and status of FASB statements, updates on technical projects, and information on FASB publications. Governmental Accounting Standards Board GASB establishes financial accounting and reporting standards for state and local governmental entities. The IRS Web page's offering include tax statistics, tax information for individuals and businesses, taxpayer help and education, IRS forms and publications, and tax related news items. International Accounting Standards Committee Formed in 1973, the IASC is an independent body whose objective is to achieve uniformity in the accounting principles used for financial reporting around the world.