FASB on Thursday issued a proposed new chapter of its Conceptual Framework related to the measurement of items recognized in financial statements.. If finalized by FASB, the proposed chapter, Chapter ...

"The publication of Chapter 6 completes the FASB's Conceptual Framework — an important tool used by the Board in our decisions," said FASB chair Richard Jones in a statement. "We thank the FASB ...

FASB on Wednesday issued a new chapter of its Conceptual Framework related to the recognition and derecognition of an item in financial statements.. The chapter, Chapter 5 of FASB Concepts Statement ...

The proposed chapter, Concepts Statement No. 8, Conceptual Framework for Financial Reporting—Chapter 4, Elements of Financial Statements, defines 10 elements of financial statements that would be ...

The new framework builds on existing IASB and FASB frameworks. The IASB has revised portions of its framework; while the FASB has issued ‘Concepts Statement 8’ to replace ‘Concepts ...

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board today issued two changes to the FASB’s conceptual framework and two Accounting Standards Updates that improve the ...