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What does SAC stand for?

SAC stands for Standard Advisory Council

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Financial Accounting Standards Advisory Council 401 Merritt 7 P. O. Box 5116 Norwalk, CT 06856-5116 Phone: (203) 847-0700 FAX: (203) 849-9714 Email: aaposta@fasb.
The IFRS Advisory Council was previously known as the Standards Advisory Council. At their meeting in January 2010, the IASCF Trustees voted to rename the Standards Advisory Council to the IFRS Advisory Council. The name change was implemented as of 31 March 2010.