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Financial Accounting Standards Board (FASB)

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Financial Accounting Standards Board (FASB)
The independent accounting organization that determines the standards for financial accounting and reporting. The rules set by FASB play a large role in determining the numbers that companies show the financial analysts and stockholders. See also FASB Statement.

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The Financial Accounting Standards Board (FASB) today announced its plan for the late-2007 or early-2008 release of the FASB Accounting Standards Codification(TM) (Codification) for verification by constituents.
The Financial Accounting Standards Board (FASB) today issued a proposal to improve the accounting for financial guarantee insurance contracts.
Smith to a five-year term as a member of the Financial Accounting Standards Board (FASB) beginning July 1, 2007.
 
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