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FASB Statement
(redirected from FASB statements)

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FASB Statement
An official opinion by the Financial Accounting Standards Board on how to report a transaction. FASB statements set standards for the accounting industry and help establish uniform practice insofar as it is possible.
FASB Statement
A standard set by the Financial Accounting Standards Board regarding a financial accounting and reporting method. Essentially, FASB statements determine the acceptable accounting practices that Certified Public Accountants use in reporting corporate financial information to stockholders, the SEC, and the general public. See also APB opinion.
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158, Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans (an amendment of FASB Statements No.
FASB issues standards on fair value, pension plans by CPA Letter
155, Accounting for Certain Hybrid Instruments, an amendment to FASB Statements Nos.
Final standard on certain hybrid financial instruments by California CPA
As proposed in the EDs, the FASB statements would be effective at the beginning of each reporting entity's first fiscal year that begins after November 15, 2009.
FASB Issues Exposure Drafts to Amend Statement 140 and Interpretation ... by Business Wire
 
 
 
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