What this sentence reveals is that the primary emphasis of the FASB is on the
investing public. What the sentence appears to avoid is a conflation of the notion of
serving the investing public with serving the public interest. This may be an
intentional distinction on the part of the FASB. The board does not claim to serve the
public interest, which might be contestable, but only to serve the interests of the
investing public. Other members of the public are either not considered or are
considered only in an indirect manner