Financial

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive
Moreover, the contention that RIA's should not be hired to manage less actively traded accounts because of FASB No. 115 guidelines is misguided.
Other choices for cash management
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.