|
|
Article: Shifting to the balance sheet - FASB's conceptual framework. (Financial Accounting Standards Board)
- Article from:
- Business Credit
- Article date:
- November 1, 1993
- Author:
CopyrightCOPYRIGHT 1993 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The Financial Accounting Standards Board (FASB) issued a series of Statements of Financial Accounting Concepts (Concepts Statements) between 1978 and 1985 that established a conceptual framework for financial accounting and reporting. The conceptual framework sets forth objectives and fundamentals that serve as the basis for the development of financial accounting and reporting standards. This framework guides the selection of transactions, events, and circumstances to be accounted for; their recognition and measurement; and the means of summarizing and communicating them to interested parties. Statements of Financial Accounting Standards (Accounts Statements) issued by FASB ...
Related newspaper, magazine, and journal articles:
|
|
Article: Understanding entity and display - The second statement of ...
The Government Accountants Journal;
July 1, 1996 ;
700+ words
... ... statement of financial accounting concepts(1 ... statement of financial accounting concepts for ... statement of federal financial accounting concepts (which ... Statement, or the concepts statement).(2) ESTABLISHING ...
|
|