FASB & New Regulations

Abstract: A 9 page paper. The FASB is charged with formulating standards for accounting reporting, dictating the form and structure of the annual reports every public company must file with the Securities and Exchange Commission (SEC), superficially it would seem that there would be very little need for any change in form or even that form would be dictated at all except for the purposes of uniformity. The fact is, however, that accounting standards do change in response to changing business practices and environments. The decade of the 1990s has witnessed more of that change in business practice more than at any other time, and the FASB has been busy trying to keep up. Bibliography 8 sources.

Filename: Fasb.wps

Pages: 9

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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