Financial Accounting Standards BoardThe Financial Accounting Standards Board (FASB) is a private, non-profit organization standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles (GAAP) within the United States in the public's interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the US. The FASB replaced the American Institute of Certified Public Accountants' (AICPA) Accounting Principles Board (APB) on July 1, 1973.
FASB accounting standards are accepted as authoritative by many organizations, including state Boards of Accountancy and the American Institute of CPAs (AICPA). Provided by Wikipedia
Guarantor's accounting and disclosure requirements for guarantees, including indirect guarantees of indebtedness of others : an interpretation of FASB statements no. 5, 57, and 107...
Published 2002“...Financial Accounting Standards Board....”
An analysis of issues related to conceptual framework for financial accounting and reporting : elements of financial statements and their measurement.
Published 1976“...Financial Accounting Standards Board....”