FASB No. 115

FASB No. 115

A rule of the Financial Accounting Standards Board requiring insurance companies to report their securities with fixed maturities according to their current market value. This rule applies to most negotiable and nonnegotiable bonds.
References in periodicals archive ?
Moreover, the contention that RIA's should not be hired to manage less actively traded accounts because of FASB No.
Return on realized equity is before the impact of FASB No.