FASACFinancial Accounting Standards Advisory Council
FASACFifth Avenue South Action Committee (Florida)
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References in periodicals archive ?
Members of the FASAC are chosen from a cross-section of the FASB's stakeholders, including users, preparers, practitioners, association members, academics, and other parties interested in the integrity of full and complete financial reporting and disclosure.
Survey respondents included FASAC members as well as members of other FASB advisory groups, FASB Board members, and other external stakeholders.
Brennan, chairman of the Board of Trustees of the Financial Accounting Foundation (FAF), said, 'With his breadth of experience in corporate finance across a range of industries, Chuck Noski will bring to the FASAC a deep understanding of the complex issues facing the FASB as it seeks to serve the best interests of all those who use, prepare, and audit financial statements.
Although all decisions are tentative at this point, the FASB DP slightly modified the UPDATE and FASAC versions of the financial statement schematic now shown in its current form in Table 3.
Since January 2002 he has served as a member of FASAC. Although his term as chairman expired in June 2006, he has continued to serve as such on a month-to-month basis until a successor is appointed.
The third institutional pillar of the new standard-setting scheme is the FASAC, designed to be broadly representative of groups interested in or affected by accounting standards.
The Financial Accounting Standards Advisory Council (FASAC) recently released the results of its 2003 survey that addressed these areas.
has announced that David Rickard, executive vice president, chief financial officer and chief administrative officer, has been named to the Steering Committee of the Financial Accounting Standards Advisory Council (FASAC) for a two-year term.
A preliminary FASB discussion document, prepared in March 2002 for the Financial Accounting Standards Advisory Council (FASAC), indicates that the new guidance will apply to SPEs that function to support the activities of the "primary beneficiary," the entity that retains or obtains the principal economic benefits and risks that arise from the SPE's activities (FASAC 2002).
In January 1992, the Financial Accounting Standards Advisory Council (FASAC), which consults with the FASB on matters likely to require the FASB's attention, was asked to advise the FASB on the need to address reporting deficiencies and implementation issues.
The Financial Accounting Standards Advisory Council (FASAC) in 1980 suggested asset impairment not be addressed by the FASB until the concept statement was finished.
During a meeting with FASB's Financial Accounting Standards Advisory Council (FASAC), board member Lawrence Smith raised concerns about the landmark revenue recognition standard, which goes into effect for public companies next year.