financial accounting standards board (FASB)
Definition
Independent US body responsible for establishing and interpreting the GAAP mainly for use in the North America. Its accounting standards, generally speaking, result in greater transparency and ease of analysis of a firm's finances than the accounting standards of several other countries. The comparable UK body is Accounting Standards Board (ASB).
financial accounting standards board (FASB) is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
financial accounting standards board (FASB) appears in the definitions of the following terms: economic life provision, financial accounting standards (FAS), bargain purchase option, accounting principles board, Accounting Standards Board (ASB), troubled debt restructuring and value recovery provision
This content can be found on the following page:
http://www.businessdictionary.com/definition/financial-accounting-standards-board-FASB.html
email to a friend
print this definition
cite this definition
link to this page