Statement of Financial Accounting Standards - SFAS
- Statement of Financial Accounting Standards - SFAS
- A formal document issued by the Financial Accounting Standards Board (FASB), which details accounting standards and guidance on selected accounting policies set out by the FASB. These statements of financial accounting standards are issued, with the expectation that all reporting companies listed on American stock exchanges will adhere to them. The standards are created to ensure a higher level of corporate transparency.
New SFAS releases can have a huge affect on a business' bottom line. For example, the FAS-123(R), which refers to the expensing of share-based awards, can increase a company's expenses dramatically, often by billions of dollars. FAS-123(R) was created to enable investors and regulators to better evaluate the firm's true option expenses.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Statement of Financial Accounting Standards (SFAS) — zentrale Verlautbarungsart des ⇡ Financial Accounting Standards Board (FASB). Die Gesamtheit der bisher 150 veröffentlichten SFAS bildet den Hauptbestandteil der ⇡ US GAAP … Lexikon der Economics
statement of financial accounting standards — (SFAS or FAS) A ruling issued by the Financial Standards Accounting Board ( FASB) covering a particular topic. Usually, these statements are referenced with the acronym FAS followed by the numeral for a specific statement. For example, FAS 119… … Financial and business terms
Statement of Financial Accounting Standards — SFAS In the USA, any of the statements detailing the financial accounting and reporting requirements of the Financial Accounting Standards Board. These accounting standards are generally accepted accounting principles and should be followed by… … Accounting dictionary
Statement of Financial Accounting Standards — SFAS In the USA, any of the statements detailing the financial accounting and reporting requirements of the Financial Accounting Standards Board. These accounting standards are generally accepted accounting principles and should be followed by… … Big dictionary of business and management
SFAS — statement of financial accounting standards (SFAS or FAS) A ruling issued by the Financial Standards Accounting Board ( FASB) covering a particular topic. Usually, these statements are referenced with the acronym FAS followed by the numeral for a … Financial and business terms
Accounting Changes And Error Correction — Requirements for the accounting for and reporting of a change in accounting principle, change in accounting estimate, change in reporting entity or the correction of a transaction. Accounting Changes and Error Correction is a pronouncement made… … Investment dictionary
SFAS — Statement Of Financial Accounting Standards (Business » General) Statement Of Financial Accounting Standards (Business » Accounting) * Swiss Foot and Ankle Society (Medical) * Student Financial Aid Services (Academic & Science » Universities) … Abbreviations dictionary
SFAS — (US) abbrev Statement of Financial Accounting Standards … Useful english dictionary
SFAS — Abk. für ⇡ Statement of Financial Accounting Standards … Lexikon der Economics
SFAS — Abbreviation for Statement of Financial Accounting Standards … Accounting dictionary
