Accounting Standards Board


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Accounting Standards Board

the UK body which prior to 1990 was responsible for the formulation of Statements of Standard Accounting Practice (SSAPs).

It was replaced in 1990 by The Accounting Standards Board Limited. See ACCOUNTING STANDARDS.

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The FAF is the parent organization of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).
Financial Accounting Foundation names new trustees
The International Accounting Standards Board (IASB) in November proposed establishing an Accounting Standards Advisory Forum to provide input on international standards.
U.S. Accounting Regulators Worry About Losing Global Influence (Reuters)
Those recommendations would require approval from the Financial Accounting Standards Board (FASB).
Private businesses and GAAP
Among them, the leaders of the Financial Accounting Standards Board and the International Accounting Standards Board said they will begin meeting monthly to accelerate their efforts to develop a common set of accounting standards by their target date of 2011.
IFRS developments emerge from AICPA/IASC foundation conference
Member states stood up to representatives of the International Accounting Standards Board at an Ecofin meeting, on 9 June, saying the board needed to speed up its response to the financial crisis.
EU PUSHES IASB ON VALUING ASSETS
In April 200l, the International Accounting Standards Board (IASB), an independent accounting standard-setter based in London, assumed accounting standard-setting responsibilities from its predecessor body, the International Accounting Standards Committee.
Organizations involved
The Financial Accounting Standards Board has issued an invitation to comment to help it decide whether there is a need for a project on accounting for insurance contracts and whether it should undertake this project jointly with the International Accounting Standards Board.
Accounting for insurance projects?
Financial Accounting Standards Board (FASB) Chairman Robert Herz is particularly interested in moving this forward.
FEI CEO's 2007 Top 10 Financial Reporting Challenges
The Financial Accounting Standards Board is increasingly in the driver's seat in managing GAAP, whose 100,000 pages of guidelines issued over the past 60 or 70 years are maddeningly complex.
CEOs and the future of GAAP
Donaldson reaffirmed his support for the convergence programme between the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB).
Eliminating U.S. GAAP reconciliation

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