FASB issued a new chapter of its Conceptual Framework related to the measurement of items recognized in financial statements.. Chapter 6 of FASB Statement of Financial Accounting Concepts No. 8, ...

The conceptual ... of the framework, this section might be the most useful for a small-business owner, because this section lists definitions for common accounting definitions. For example ...

The IASB plans to issue a final conceptual framework next year. The framework was most recently revised in 2010, and respondents to the IASB’s agenda consultation in 2011 called for the IASB to ...

The proposed chapter, Concepts Statement No. 8, Conceptual Framework for Financial Reporting—Chapter 4, Elements of Financial Statements, defines 10 elements of financial statements that would be ...

The Financial Accounting Standards Board released a new chapter Thursday of its Conceptual Framework describing a reporting entity. The new chapter will become Chapter 2 of FASB Concepts Statement No.