Disclosure of accounting policies is governed by Accounting Principles Board
According to the Accounting Principles Board
(1967), a deferred tax liability of $50 would have been recognized (1,000 - 800) * 0.
The American Accounting Association calls for an alternative to the Accounting Principles Board
Due to perceived deficiencies in Accounting Principles Board
(APB) Opinion No.
Accounting Principles Board
Statement 30, to which public companies are generally subject under SEC rules.
For the first time, the Statements of the Financial Accounting Standards Board (FASB), and the Opinions of the Accounting Principles Board
(APB) are contained in the same text.
As previously communicated on February 1, 2007, the review undertaken by the Nominating and Corporate Governance Committee of the Company's Board of Directors (the "Governance Committee") found that in certain instances all actions that establish a measurement date under the requirements of Accounting Principles Board
A big part of the problem is the myriad of standards--a complicated and unclear mishmash of over 200 pronouncements issued by the Financial Accounting Standards Board (FASB), the Accounting Standards Executive Committee (AcSEC) of the American Institute of Certified Public Accountants (AICPA), the Accounting Principles Board
(APB), the U.
This committee later would become the Accounting Principles Board
, and its duties ultimately would be taken over by the FASB.
The timing issue arises in connection with Accounting Principles Board
The principles were developed under the auspices of the Accounting Principles Board
(APB), launched by the American Institute of Certified Public Accountants (AICPA) in 1959.
The Accounting Principles Board
issued Opinion #20 in 1971 to provide guidance and maintain consistent treatment when firms--and accountants--deal with accounting changes.