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Since 1973, the Financial Accounting Standards Board (FASB) has been the designated organization in the private sector for establishing standards of financial accounting. Those standards govern the preparation of financial statements. They are officially recognized as authoritative by the Securities and Exchange Commission (SEC) (Financial Reporting Release No. 1, Section 101, and reaffirmed in its April 2003 Policy Statement) and the American Institute of Certified Public Accountants (Rule 203, Rules of Professional Conduct, as amended May 1973 and May 1979). Such standards are important to the efficient functioning of the ...
"For nation shall rise against nation, and kingdom against kingdom: and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows" (Mark 13:8). "See that ye be not troubled: for all these things must come to pass, but the end is not yet" (Matthew 24:6). "Take ye heed: behold, I have foretold you all things" (Mark 13:23). "The scriptures must be fulfilled" (Mark 14:49). "It is written" (John 6:45). Lon Hosford's Blog May 26, 2010 How can Congress both improve American ... Read More
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Fairvalue #329 Fair Value Accounting Standards
Fairvalue #322 Fair Value Accounting Standards
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