Abstract This article presents the results of a survey concerning user attitudes toward accounting standards-setting boards in the U.S. Accountants have taken a number of steps to maintain and enhance the credibility of their profession and to develop strong support within the business community. These steps include establishing the Financial Accounting Standards Board (FASB), creating the Public Oversight Board and encouraging the development of Professional Schools of Accountancy. In addition, the FASB developed the Conceptual Framework of Accounting. It seems fair to say that attitudes are positive about the FASB, the Public Oversight Board, Professional Schools of Accountancy, and the Conceptual Framework of Accounting.
Schwartz et al. (Mon,) studied this question.