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FASB

American  

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The International Accounting Standards Board, whose accounting rules are mandatory in the EU and Britain, is reviewing its goodwill rule, though last year its U.S. counterpart, FASB, decided to put aside its own review.

From Reuters • Jun. 22, 2023

Financial Accounting Standards Board, known as FASB, imposed the new rule because it wanted financial statements to more accurately depict the timing, uncertainty and volatility of doing business.

From The Wall Street Journal • Jun. 5, 2017

Decisions would be subject to ratification by FASB, which presumably would want to keep variations in standards to a minimum.

From New York Times • Oct. 4, 2011

The FASB, based in Norwalk, Connecticut, sets accounting rules for public companies under authority delegated by the SEC.

From BusinessWeek • Jan. 6, 2011

But, like the FASB, it claims that it is 'private.'

From Washington Post • Jun. 28, 2010