The designated organisation in the private sector for establishing standards of financial accounting and reporting in the US. These standards govern the preparation of financial reports. They are officially recognised as authoritative by the Securities and Exchange Commission and the American Institute of Certified Public Accountants.+ Financial Accounting Standards Board (FASB)USAAn independent board comprised of accounting professionals that establishes and publishes US standards of financial accounting and reporting that govern the preparation of financial statements. The SEC recognizes the authority of the FASB to set up accounting standards and has relied on the FASB to set up standards for publicly-held companies. FASB's standards are the source of authoritative nongovernmental US Generally Accepted Accounting Principles (GAAP), which, as of July 1, 2009 are contained in the FASB Accounting Standards Codification (see, Legal Update, FASB Accounting Standards Codification Becomes Authoritative Source for US GAAP (www.practicallaw.com/9-386-3289)).
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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FASB — Financial Accounting Standards Board (FASB) ist eine Organisation, welche die Rechnungslegungsstandards in den US GAAP setzt. Das FASB ist eine privatrechtliche Organisation, die 1972 gegründet wurde und im Folgejahr ihre Tätigkeit aufnahm. Das… … Deutsch Wikipedia
FASB — Financial Accounting Standards Board. Sets accounting standards for U.S. firms. The New York Times Financial Glossary Financial Accounting Standards Board (FASB) An accounting industry organization; part of the Financial Accounting Foundation.… … Financial and business terms
FASB — Financial Accounting Standards Board Le Comité des normes comptables et financières, plus connu sous son nom anglais de Financial Accounting Standards Board ou sous son acronyme de FASB, est une association à but non lucratif, non gouvernementale … Wikipédia en Français
FASB No. 8 — U.S. accounting standard that requires U.S. firms to translate their foreign affiliates accounts by the temporal method. Gains and losses from currency fluctuations were reported in current income. It was in effect between 1975 and 1981 and… … Financial and business terms
FASB No. 52 — The U.S. accounting standard which was replaced by FASB No. 8. U.S. companies are required to translate foreign accounts by the current rate and report the changes from currency fluctuations in a cumulative translation adjustment account in the… … Financial and business terms
FASB — See Financial Accounting Standards Board. * * * … Universalium
FASB — См. КОМИТЕТ ПО СТАНДАРТАМ ФИНАНСОВОГО УЧЕТА … Большой бухгалтерский словарь
FASB — Financial Accounting Standards Board (Business » Accounting) … Abbreviations dictionary
FASB — Financial Accounting Standards Board … Medical dictionary
FASB — ICAO Airportcode f. Springbok (South Africa) … Acronyms