FASB
FASB: translation
Financial Accounting Standards Board. Sets accounting standards for U.S. firms. The New York Times Financial Glossary
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Financial Accounting Standards Board (FASB)
An accounting industry organization; part of the Financial Accounting Foundation. FASB issues Statements of Financial Accounting Standards that define and govern GAAP for nongovernment entities in the United States. FASB also publishes Interpretations and Technical Bulletins that govern the application of their accounting standards. American Banker Glossary
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See: Financial Accounting Standards Board
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FASB FASB ACCOUNTING
abbreviation for Financial Accounting Standards Board
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The Financial Accounting Standards Board was established in 1973 to establish and supervise accounting rules in the United States.
■ www.fasb.org ■