APB Opinion
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APB Opinion

An official opinion by the Accounting Principles Board on how to report a transaction. APB opinions set standards for the accounting industry and helped establish uniform practice insofar as it was possible. APB opinions have not been issued since 1973, when the APB was replaced by the Financial Accounting Standards Board. See also: FASB opinion.

APB opinion

A determination by the former Accounting Principles Board regarding the way a certain financial transaction is to be treated for reporting purposes. For example, APB Opinion 15 sets forth the ways in which convertible issues and common-stock equivalents are to be used in calculating earnings per share. In 1973 the Accounting Principles Board was superseded by the Financial Accounting Standards Board, thereby halting further APB opinions and initiating FASB Statements.

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FASB Statement			A widespread sentiment in the valuation industry is that a reporting unit with a zero or negative carrying amount should not get a "free pass" in Step 1 because of certain accounting interpretations. Goodwill: hunting for consistency one step at a time by Franceschi, Greg / Financial Executive A former managing partner with Ernst & Young LLP, and commissioner of California's department of financial institutions and superintendent of banking for the state, Hewitt will oversee accounting interpretations, international accounting matters, professional practice issues and lead the SEC's work on implementing the SOX internal controls provisions. SEC names Hewitt chief accountant by Catalyst (Dublin, Ohio) AICPA Accounting Interpretations, Q&As published by the FASB staff, and industry practices widely recognized and prevalent. Tax Court introduces financial statement materiality into the tax law by Smith, Maureen H. / The Tax Adviser			Accountant's Opinion Accountants for the Public Interest Accountants International Study Group Accountants Liability Insurance Accountants' Index Accounting Accounting Basis Accounting Change Accounting Control Accounting Convention Accounting Currency Accounting Cycle Accounting Department Accounting Earnings Accounting Entity Accounting Equation Accounting Error Accounting Event Accounting Exposure Accounting Firm Accounting Fraud Accounting Hall of Fame Accounting Historians Journal Accounting Information System Accounting Insolvency Accounting Interpretations Accounting Liquidity Accounting Manual Accounting Measurement Accounting Method Accounting Noise Accounting Period Accounting Postulate Accounting Principles Board Accounting Procedure Accounting Profits Accounting Records Accounting Research Bulletins Accounting Software Accounting Standards Executive Committee Accounting Trends and Techniques Accounts Payable Accounts Payable Ledger Accounts Payable Turnover Ratio Accounts Receivable Accounts Receivable Discounted Accounts Receivable Financing Accounts Receivable Insurance Accounts Receivable Turnover Accredited Advisor in Insurance Accredited Investor			Accounting Event Accounting Events Accounting exposure Accounting File Accounting Financial Management accounting firm accounting firm Accounting Firms Accounting Firms accounting for accounting for accounting for accounting for accounting for Accounting for Non-Accountants Accounting for Safety Ltd Accounting Forms Accounting fraud Accounting Frauds Accounting Group International Accounting Hall of Fame Accounting Historians Journal Accounting Information Management Accounting information system Accounting information system Accounting information system Accounting information system Accounting information system Accounting insolvency Accounting Interpretation Accounting Interpretations Accounting irregularities Accounting irregularities Accounting Legend Code Accounting Liaison Office accounting line designator accounting line designator Accounting liquidity Accounting Machine Accounting management Accounting management Accounting Management Information System Accounting Management System Accounting Manual Accounting Manuals Accounting Measurement Accounting Measurements Accounting method Accounting method Accounting methods Accounting methods Accounting Noise Accounting of Disclosures Accounting of Finished Goods Accounting of Fixed Assets Accounting of Monetary Assets Accounting Office Management and Administration Report Accounting Only Accounting Operating Procedures Accounting Operations Center

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APB Opinion (redirected from Accounting Interpretations)

APB Opinion
(redirected from Accounting Interpretations)