Events Tagged: "FASB"

Financial Accounting Standards Board (FASB) established replacing APB

FASB issues Statement of Financial Accounting Concepts No. 1 - fundamental objectives

FASB issues comprehensive guidance on foreign currency translation

Government Accounting Standards Board (GASB) gains independence from FASB

Fair value accounting concepts gain prominence - FASB begins requiring market value measurements for certain investments, shifting from historical cost to current market values

FASB and International Accounting Standards Committee begin formal convergence efforts

FASB Statement 123R requires companies to record stock options as expenses

Fair value accounting becomes prominent in financial instruments

FASB issues guidance on fair value measurements during market stress

FASB and International Accounting Standards Board issue converged revenue recognition standard