Abstract Opinion. Comments on the editorial `Standard Setting Process in Trouble (Again),' published in the December 1990 issue of the `Accounting Horizons' journal, which focused on the Financial Accounting Standards Board's (FASB) standard setting process. Financial Accounting Foundation's (FAF) perceived lack of confidence in the FASB; Role of the FAF; Purpose of the FAF's creation of an Oversight Committee.
Shaun F. O'Malley (Sat,) studied this question.