FASB Standards definition

FASB Standards means the standards established by the Financial Accounting Standards Board, in effect from time to time.
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FASB Standards means the standards established by the Financial AccountingStandards Board, in effect from time to time.
Sample 1
FASB Standards means the standards established by the Financial Accounting Standards Board, in effect from time to time. "Fee" and "Fees" shall mean any and all Upfront Fees, Facility Fees and/or Agents' Fees. "Foreign Bank" shall have the meaning assigned to such term in Section 1.10(b). "F.R.S. Board" shall mean the Board of Governors of the Federal Reserve System or any successor thereto. "GAAP" shall mean generally accepted accounting principles, as in effect from time to time, applied on a consistent basis.
Sample 1

Examples of FASB Standards in a sentence

  • As permitted under Statement of Governmental Accounting Standards No. 20, the City has elected not to apply FASB Standards issued after November 30, 1989.

  • Medina501/20/15Invite City Council members to tour the new schools.Mrs.

  • As permitted under Statement of Governmental Accounting Standards No. 20, the Town has elected not to apply FASB Standards issued after November 30, 1989.

  • FASB Standards issued, but not adopted as of June 30, 2023 In 2020, the FASB issued amended guidance that provides transitional relief for the accounting impact of reference rate reform.

  • FASB Standards The reserves data to be disclosed under Regulation 51-101 include proved reserves and related future net revenue estimated using constant prices and costs.

  • The adoption of SFAS 165 resulted in additional disclosures regarding the date through which management has evaluated subsequent events and the basis for that date as reflected in Note 1.In June 2009, the FASB issued SFAS No. 168, “The FASB Standards Codification and the Hierarchy of Generally Accepted Accounting Principles-a replacement of FASB Statement 162” (“SFAS 168”).

  • The Loan REMIC Residual Interest will represent the sole class of "residual interests" in the Loan REMIC for purposes of the REMIC Provisions under federal income tax law, and will be represented by the Class LR Certificates.

  • The ELF has elected not to apply FASB Standards issued after November 30, 1989.

  • Those preparing accounts under these standards should also bear in mind the fact that, under Financial Accounting Standards Board (FASB) Standards 141 and 142, the SEC can, and does, call for the working papers supporting a company’s purchase price allocation and underlying valuations, and has the ability to ask for the work to be re-performed if they consider that the requirements have not been complied with.

  • The gain is either small when s¯ is very small or very large.Small s¯ means that resource is very limited, and both schemes allocates the resource to high willingness to pay users (see the discussion of the threshold structure in Sections III and IV), and thus there is not much difference between two pricing schemes.

Related to FASB Standards

  • PCI Standards means the applicable Data Security Standards published by the PCI Security Standards Council.

  • auditing standards means auditing standards as defined in National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards;

  • National Standards means the document entitled “National Standards for the Volatile Organic Compound Content of Canadian Commercial/Industrial Surface Coating Products Automotive Refinishing, October 1998, PN 1288" and published by the Canadian Council of Ministers of the Environment;

  • Reliability Standards means the criteria, standards, rules and requirements relating to reliability established by a Standards Authority.

  • Accounting Standards means the standards of accounting or any addendum thereto for companies or class of companies referred to in section 133;

  • Technical Standards means the technical standards set out in paragraph 2.4 of the Order Form;

  • NERC Reliability Standards means the most recent version of those reliability standards applicable to the Generating Facility, or to the Generator Owner or the Generator Operator with respect to the Generating Facility, that are adopted by the NERC and approved by the applicable regulatory authorities, which are available at xxxx://xxx.xxxx.xxx/files/Reliability_Standards_Complete_Set.pdf, or any successor thereto.

  • International Accounting Standards means the accounting standards approved by the International Accounting Standards Board from time to time.

  • Standards means the British or international standards, Authority's internal policies and procedures, Government codes of practice and guidance referred to in Framework Schedule 13 (Standards) together with any other specified policies or procedures identified in Framework Schedule 13 (Standards);

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.

  • Safety Standards means all laws, union rules and trade or industry custom or codes of any kind whatsoever, in effect from the date of this Agreement through Final Acceptance of the construction work, pertaining to worker safety and accident prevention applicable to the Project and/or the construction work (including, but not limited to, rules, regulations and standards adopted pursuant to the Occupational Safety and Health Act of 1970, as amended from time to time).

  • Quality Standards means the quality standards published by BSI British Standards, the National Standards Body of the United Kingdom, the International Organisation for Standardisation or other reputable or equivalent body, (and their successor bodies) that a skilled and experienced operator in the same type of industry or business sector as the Contractor would reasonably and ordinarily be expected to comply with, and as may be further detailed in the Specification.

  • Service Level Standards has the meaning ascribed thereto in Section 2.1 hereof.

  • Australian Accounting Standards means the accounting standards made by the Australian Accounting Standards Board in accordance with section 227 of the Australian Securities and Investments Commission Act 2001 (Cth).

  • Applicable Standards means the requirements and guidelines of NERC, the Applicable Regional Entity, and the Control Area in which the Customer Facility is electrically located; the PJM Manuals; and Applicable Technical Requirements and Standards.

  • Codes and Standards means all the applicable codes and standards as indicated in the Technical Specification.

  • Accounting Standard means GAAP.

  • Common Reporting Standard means the standard for automatic exchange of financial account information in tax matters (which includes the Commentaries), developed by the OECD, with G20 countries;

  • standards of generally recognised accounting practice means an accounting practice complying with standards applicable to municipalities or municipal entities as determined by the Accounting Standards Board

  • Common Reporting Standard (CRS) means the Standard for Automatic Exchange of Financial Account Information (“AEOFAI”) in Tax Matters and was developed in response to the G20 request and approved by the Organisation for Economic Co-operation and Development (OECD) Council on 15 July 2014, calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis. It sets out the financial account information to be exchanged, the financial institutions required to report, the different types of accounts and taxpayers covered, as well as common due diligence procedures to be followed by financial institutions.

  • Design Standards means the standards developed as a requirement of the Programmatic Agreement

  • Security Standards means the final rule implementing HIPAA’s Security Standards for the Protection of Electronic PHI, as amended.

  • Minimum Standards means standards of practice that interpret the legal definition of nursing as well as provide criteria against which violations of the law can be determined.

  • Pretreatment standards means any standards of performance or other requirements imposed by

  • national standard means a standard adopted by a national standardisation organisation and made available to the general public;

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.