FASB has issued a proposed new chapter for its Conceptual Framework that describes a reporting entity.. The proposed chapter would become Chapter 2 of FASB Concepts Statement No. 8, Conceptual ...

The new chapter will become Chapter 2 of FASB Concepts Statement No. 8, Conceptual Framework for Financial Reporting. It's similar to the rest of the framework, establishing concepts that FASB would ...

FASB's current Conceptual Framework, which it began work on in 2014, is not considered authoritative and does not override any other accounting standards. Instead, the framework is meant to establish ...

The US’ Financial Accounting Standards Board (FASB) has issued a new chapter of its Conceptual Framework related to the measurement of items recognised in financial statements. The Conceptual ...

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 ...