Statements of financial accounting concepts : accounting standards

Bibliographic Information

Statements of financial accounting concepts : accounting standards

Financial Accounting Standards Board

John Wiley & Sons, c2002

2002/2003 ed

Other Title

Accounting standards

Available at  / 37 libraries

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Note

Includes bibliographical references and index

"As of June 1, 2002"

Description and Table of Contents

Description

The FASB Statements of Financial Accounting Concepts contains the full text of the seven Statements of Financial Accounting Concepts issued to date. The existing concepts are intended to serve the public interest by setting the objectives, qualitative characteristics, and other concepts that guide selection of economic events to be recognized and measured for financial reporting. Unlike a Statement of Financial Accounting Standards, a Statement of Financial Accounting Concepts does not establish Generally Accepted Accounting Principles.

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