HomeDefinitionsCompareDebt Financial Accounting Standards Board (FASB)The financial definition for Financial Accounting Standards Board (FASB):Board composed of independent members who create and interpret Generally Accepted Accounting Principles (GAAP). Similar MatchesAccounting earningsAccounting earningsEarnings of a firm as reported on its income statement. Accounting insolvencyAccounting insolvencyTotal liabilities exceed total assets. A firm with a negative net worth is insolvent on the books. Accounting liquidityAccounting liquidityThe ease and quickness with which assets can be converted to cash. Further SuggestionsAccrual Accounting ConventionAverage accounting return Cost accounting Generally Accepted Accounting Principles (GAAP) Historical Cost Accounting Convention Inflation accounting Purchase accounting Click to compare definitions of Financial Accounting Standards Board (FASB) Click to view definitions beginning fi |