The external auditor is hired by the independent Audit Committee of the Board of Directors on behalf of the shareholders to present an unbiased and independent evaluation of the fair presentation of financial information by management.

FORBES: Crisis? What Crisis? Don't Blame The Accounting

On issue after issue, if you give them a fair presentation, no spin on the ball, the majority of the country -- not just Manhattan -- (laughter) -- the majority of the country agrees with us.

WHITEHOUSE: The White House

The primary difference is the presentation of all System Open Market Account (SOMA) securities holdings at amortized cost rather than the fair value presentation required by GAAP.

FORBES: The Fed's Full Disclosure: Don't Forget About Government GAAP

Each fair features a presentation by a speaker and a question and answer session.

FORBES: Attention Stressed-Out High School Seniors: Need a Break Before College? Consider Attending a Gap Year Fair