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Business Intelligence > Financial Accounting Standards Board (FASB)
The following information is about Financial Accounting Standards Board (FASB).
Financial Accounting Standards Board (FASB) Defined
FASB 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 the Generally Accepted Accounting Procedures (GAAP).*
This definition is in context to Business Intelligence. See more contextual defintions for Financial Accounting Standards Board (FASB).
FASB to Issue FSP FAS 140-4 and FIN 46(R)-8, Disclosures about Transfers of Financial Assets and Interests in Variable ...
Published November 21, 2008, 1:00 pm, Business Wire via Yahoo! Finance
NORWALK, Conn.----The Financial Accounting Standards Board has announced plans to issue final FASB Staff Position FAS 140-4 and FIN 46-8, Disclosures about Transfers of Financial Assets and Interests in Variable Interest Entities, by December 15, 2008.
Firms Preparing for New Standards
Published November 21, 2008, 12:57 pm, SmartPros Accounting
A switch to International Financial Reporting Standards would bring the United States in line with more than 100 countries, including all of Europe. For corporations with a global presence, the transition to a single accounting language should streamline the financial reporting system.
GLOBAL VALUATION STANDARDS ARE STRENGTHENED THROUGH NEW INTERNATIONAL BOARDS
Published November 20, 2008, 9:28 am, Accounting Education
The International Valuation Standards Council (IVSC) has announced the appointment of two new boards which will give a powerful boost to the oversight and implementation of global valuation standards – The International Valuation Standards Board (IVSB) and the International Valuation Professional Board (IVPB) bring together the significant technical expertise of experienced valuation ...
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Published November 20, 2008, 8:13 am, Accounting Education
Course of the Week Cass Business School, London, offers the widest range of Specialist Masters courses in Europe. Find out more about our International Accounting and Finance MSc and our full range of part-time and full-time finance MScs.
Global Accounting Standards? Not So Fast
Published November 17, 2008, 9:43 am, SmartPros Accounting
Nov. 13, 2008 (Business Week Online) The uproar over fair value accounting practices, which some critics have blamed for the depths of the global financial crisis, threatens to sink a long-sought move by countries around the world toward a single set of international financial reporting standards [IFRS]. The U.S. Financial Accounting Standards Board [FASB] has been working with London's ...
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- FASB: Financial Accounting Standards Board: FASB: Financial Accounting Standards Board
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