The History and Organization of the Federal Reserve: The What and Why of the United States’ Most Powerful Banking Organization

The History and Organization of the Federal Reserve: The What and Why of the United States’ Most Powerful Banking Organization

““Whoever controls the volume of money in any country is absolute master of all industry and commerce.”-James A. Garfield, 20th President of the United States   Table of Contents I. IntroductionII. History and Creation of the Federal ReserveIII. Structure of the Federal Reserve System    A. The Fed’s Chain of CommandIV. Federal Open Market CommitteeV. Federal Reserve…

Classification for Investors 101

Classification for Investors 101

February 24, 2019   Table of Contents I. Introduction    A. Why Does Classification Matter to the Average Investor?    A.1. Private Entity Reporting Exemptions    A.2. Government Accounting Exemptions    A.3. Government Investment in Varied IndustriesII. How Does Classification Work? The Quick and Dirty Summary.    A. What Is Executive Order 13526?    B. Classification Authorities    C. Classification Standards, Categories, and Levels    C.1. Brief Summary of Derivative Classification    D….

FASAB Statement 56: Understanding New Government Financial Accounting Loopholes

FASAB Statement 56: Understanding New Government Financial Accounting Loopholes

  Table of Contents I. IntroductionII. History of the Federal Accounting Standards Advisory Board (FASAB)III. FASAB and Standard 56A. What Does Standard 56 Do?B. Reporting Entities Within the Scope of Standard 56C. Changes to Disclosure Standards Under Standard 56D. Modifications to Avoid Disclosure of Classified InformationE. Reporting on Consolidation EntitiesF. Interpretations Modifying Reporting Standards in…