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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 Matches

Accounting earnings

Accounting earnings
Earnings of a firm as reported on its income statement.


Accounting insolvency

Accounting insolvency
Total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books.


Accounting liquidity

Accounting liquidity
The ease and quickness with which assets can be converted to cash.


Further Suggestions

Accrual Accounting Convention
Average accounting return
Cost accounting
Generally Accepted Accounting Principles (GAAP)
Historical Cost Accounting Convention
Inflation accounting
Purchase accounting


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Financial Accounting Standards Board (FASB)
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