Financial Accounting Standards Board. Financial adviser Financial assets

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Financial Accounting Standards Board. This board issues statements of financial accounting standards that represent generally accepted accounting principles, and define how our audit records must be presented.

Financial Accounting Standards Board. Sets accounting standards for US businesses.

Financial Accounting Standards Board. A group created in 1973 through the joint efforts of the American Institute of Certified Public Accountants and several other accounting organizations to be the overall rule-making body for the accounting profession.

Financial Accounting Standards Board, the accounting profession's guideline setting authority.

FINANCIAL ACCOUNTING STANDARDS BOARD. The rule-making body that establishes financial reporting guidelines.

Financial Accounting Standards Board. A self-regulatory organization that establishes financial accounting and reporting standards.

Financial Accounting Standards Board, a private-sector body that determines generally accepted accounting standards in the United States.

FASB is the abbreviation for the Financial Accounting Standards Board. It was created in 1973, replacing the Accounting Principles Board and the Committee on Accounting Procedure of the American Institute of Certified Public Accountants before it. The FASB is a private body whose mission is to "establish and improve standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors and users of financial information." The FASB publishes GAAP.

FINANCIAL ACCOUNTING STANDARDS BOARD. A standard-setting body that prescribes authoritative standards of financial accounting and reporting for the guidance of private sector entities.  Compare:  GOVERNMENTAL ACCOUNTING STANDARDS BOARD. See: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.

Financial Accounting Standards Board. The authority that defines the financial accounting standards for U.S. GAAP.

FINANCIAL ACCOUNTING STANDARDS BOARD. private-sector organisation responsible for establishing standards of accounting and financial reporting in the US.

Financial Accounting Standards Board. An association of accounting professionals that decides, maintains, and communicates generally accepted accounting principles (GAAP).

Financial Accounting Standards Board, which sets accounting rules for the US. (public? private?) Source: econterms

Financial Accounting Standards Board. The primary accounting standard setting body for non-governmental organizations.

Financial Accounting Standards Board. The FASB establishes voluntary standards designed to improve the accuracy, relevancy, and usefulness of corporate financial statements. FASB is proposing rules that would require the present employer liability for future retiree health expenditures to be reported in accounting records and financial statements.

Financial Accounting Standards Board. A private entity created by the accounting profession to develop and promulgate financial accounting standards and practices. Its membership is composed of top-level accounting professionals from business, government and education professions. It derives its authority from official recognition by the Securities and Exchange Commission (SEC) and the American Institute of Certified Public Accountants (AICPA) and from the general support of corporate and investment communities. While the Securities and Exchange Commission (SEC) has the authority to regulate accounting standards, it nearly always defers to the FASB.

(USA) The Financial Accounting Standards Board. Th... Add a comment

Financial Accounting Standards Board. Independent, private (non-governmental) authority for establishment of accounting principles in the United States. Funded by the Financial Accounting Foundation (FAF), which derives its support from CPA firms, industry, commerce and other private sources. www.fasb.org

the Financial Accounting Standards Board, which is the designated organization in the U.S. private sector for establishing standards of financial accounting and reporting. The standards are officially recognized as authoritative by the U.S. Securities and Exchange Commission and the American Institute of Certified Public Accountants.

Financial Accounting Standards Board. This board is responsible for determining uniform standards for treatment of accounting items. For example, FASB 87 refers to the statement issued by FASB regarding employers' accounting for pension liabilities.

See Financial Accounting Standards Board.

Financial Accounting Standards Board. A private organization, funded by the accounting profession and companies with an interest in accounting practices, that establishes and promotes the use of generally accepted accounting principles (GAAP) in the United States.

Financial Accounting Standards Board. Group that sets the standards for sound financial management.

US Financial Accounting Standards Board.

The Financial Accounting Standards Board is a U.S.-based body that is accountable to the U.S. Securities and Exchange Commission (SEC). It prepares and publishes Statements of Financial Accounting Standards (SFAS).

Financial Accounting Standards Board. A nongovernment group of seven members assisted by a large research staff which is responsible for the setting of accounting standards, rules, and principles. Go to www.fasb.org for more information. To Top

Federal Accounting Standards Board

Financial Standards Accounting Board, the governing board that develops the accounting standards for nongovernmental organizations, including rules, procedures, and applications. Taken as a whole, FASB Standards define what is acceptable practice in the accounting profession and are therefore referred to as Generally Accepted Accounting Principles, or GAAP. Two key FASB pronouncements regarding nonprofit financial statements are Financial Accounting Standards 116 and 117, issued by FASB in 1993.

Financial Accounting Standards Board. Independent, nonprofit accounting organization in the U.S. that is primarily responsible for the development and interpretation of generally accepted accounting principles (see GAAP).

Financial Accounting Standards Board. A board established in 1973 which is responsible for establishing and interpreting generally accepted accounting principles.

Financial Accounting Standards Board. In United States, this independent, self-regulatory board establishes and interprets generally accepted accounting principles (GAAP). It operates under the principle that the economy in general and the financial services industry in particular work smoothly when credible, concise, and understandable financial information is available. The FASB periodically revises its rules to make sure corporations fully account for different kinds of income, avoid shifting income from one period to another, and properly categorize their income.

Financial Accounting Standards Board (FASB) is a non-governmental authority that establishes accounting standards in the United States.

Financial Accounting Standards Board. Sets accounting standards for U.S. firms.

Financial Accounting Standards Board. A non-governmental body that sets accounting standards for CPAs in the United States.

Financial Accounting Standards Board -- A professional standards board created by accountants to establish GAAP standards of financial accounting and reporting in the private sector. The FASB is officially recognized as authoritative by the Securities and Exchange Commission.

This is the Financial Accounting Standards Board. This is the group that, on high, dictates the general accounting policy and theory which is to be followed by both internal accountants as well as external auditors.

The private organization responsible for establishing the standards for financial accounting and reporting in the United States.

Financial Accounting Standards Board (FASB) is recognized by the American Institute of Certified Public Accountants ( AICPA) as the body authorized to establish accounting standards. In practice it defers to the Governmental Accounting Standards Board (GASB) for the setting of accounting standards for local and state government entities.

Financial Accounting Standards Board. See FASB.

Financial Accounting Standards Board. A standards board created by accountants to establish standards of financial accounting (Generally Accepted Accounting Principles (GAAP). The standards issued by FASB are recognized as authoritative by the Securities and Exchange Commission (SEC).

Financial Accounting Standards Board. Independent, private, non-government group which is authorized by the accounting profession to establish generally accepted accounting principles in the U.S.

Financial Accounting Standards Board. A seven member independent body that establishes Generally Accepted Accounting Principles via the issuance of Statements of Financial Accounts Standards (SFAS) and related pronouncements. These members solicit input from accounting professionals and other interested parties.

Financial Accounting Standards Board. A non-governmental group that sets standards for generally accepted accounting principles.