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What is FAS13?

FAS 13 is Statement 13 of the FASB. It is a statement involving Accounting for Leases. There are four criteria used to determine if the lease is considered a capital lease.


What is the relationship between the iasb and the fasb as well as the iasb equivalents for the fasb original pronouncements?

What is the relationship between the iasb and the fasb as well as the iasb equivalents for the fasb original pronouncements?


What is the role of the Financial Accounting Foundation?

It is responsible for selecting members of the FASB, raising money to fund the FASB's operations, and providing general oversight of the FASB to assure that it is performing its mission


What is the definition of fasb stock option?

A FASB is the Financial Accounting Standards board. The FASB stock option is a way to calculate profit/resources for a company. It is used, for example, to plan out employee pay.


What is The private group that currently has the authority to establish generally accepted accounting principles in the US?

The Financial Accounting Standards Board (FASB)


When was the FASB founded?

The Financial Accounting Standards Board (FASB) was founded in 1973 and was the very first international standards-setting board that was ever founded.


Is 2 plus 4 equals 13 a statement?

It is a statement. It is a false statement, but a statement nevertheless.


What is FASB's new format?

recover outlook 2016


How has the FASB helped in controversial topics?

Success. Life


Where can someone find information on SFAS 157?

The SFAS 157 is the Statement of Financial Accounting Standards 157, which was issued in 2006 by the Financial Accounting Standards Board (FASB). Wikipedia has a lengthy in depth article on the subject.


Who is the FASB held accountable to?

Financial Accounting Foundation (FAF)


How did the FASB get its start?

The committee recommended that an independent, full time, more diverse standards board replace the APB. Following the recommendations, the Financial Accounting Standards Board (FASB) was established in 1973.