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FASB definition

FASB. Shall have the meaning set forth in Section 24.1 (Financial Compliance).

Examples of FASB in a sentence

  • At the Company Balance Sheet Date, there were no material loss contingencies (as such term is used in Financial Accounting Standards Board Accounting Standard Codification (“FASB ASC”) Topic 450 - Contingencies) that are not adequately provided for in the Company Balance Sheet as required by FASB ASC 450.

  • GAAP are established by the Financial Accounting Standards Board ("FASB").


More Definitions of FASB

FASB the Financial Accounting Standards Board of the American Institute of Certified Public Accountants.
FASB means the Financial Accounting Standards Board whose purpose is to establish GAAP for nongovernmental entities within the United States.
FASB is defined in Section 2.12(a).
FASB means the Financial Accounting Standards Board of the Financial Accounting Foundation or any successor thereto.