INTRODUCTION AND BACKGROUND INFORMATION The AICPA Committee on SEC Regulations and others have requested that the FASB consider the criteria for prior period adjustments stated in paragraph 23 of APB Opinion No. 9, «Reporting the Results of Operations,» and provide further guidelines for the application of those criteria. Paragraph 23 of APB Opinion No. 9

INTRODUCTION This Statement establishes standards of financial accounting and reporting by the debtor and by the creditor for a troubled debt restructuring. The Statement does not cover accounting for allowances for estimated uncollectible amounts and does not prescribe or proscribe particular methods for estimating amounts of uncollectible receivables. A restructuring of a debt constitutes a

I Introduction This Statement establishes the accounting standards for foreign currency transactions, and for the translation of financial statements of foreign operations into financial statements denominated in the reporting entity’s currency. This Statement is not applicable to the translation of financial statements denominated in the reporting entity’s currency into foreign currencies. descargar

INTRODUCTION This Statement establishes standards of financial accounting and reporting for leases by lessees and lessors. For purposes of this Statement, a lease is defined as an agreement conveying the right to use property, plant, or equipment (land and/or depreciable assets) usually for a stated period of time. It includes agreements that, although not nominally

INTRODUCTION AND BACKGROUND INFORMATION There has long been diversity in accounting for marketable securities. Paragraph 9, Chapter 3A, «Current Assets and Current Liabilities,» of Accounting Research Bulletin (ARB) No. 43 (originally adopted as ARB No. 30 in 1947) narrowed practice somewhat by stating: . . . practice varies with respect to the carrying basis for

INTRODUCTION The expansion of international business activities, extensive currency realignments—including two U.S. dollar devaluations—that followed the recent major revision of the international monetary system, and the acceptance in practice of significantly different methods of accounting have highlighted problems concerning foreign currency translation. (Terms defined in the glossary in Appendix E are in boldface type the

INTRODUCTION For the purpose of this Statement, a contingency is defined as an existing condition, situation, or set of circumstances involving uncertainty as to possible gain (hereinafter a «gain contingency») or loss 1 (hereinafter a «loss contingency») to an enterprise that will ultimately be resolved when one or more future events occur or fail to

INTRODUCTION AND BACKGROUND INFORMATION APB Opinion No. 26, «Early Extinguishment of Debt,» became effective for extinguishment of debt occurring on or after January 1, 1973. Paragraph 19 of that Opinion states «that all extinguishments of debt before scheduled maturities are fundamentally alike. The accounting for such transactions should be the same regardless of the means

INTRODUCTION This Statement establishes standards of financial accounting and reporting for research and development costs with the objectives of reducing the number of alternative accounting and reporting practices presently followed and providing useful financial information about research and development costs. This Statement specifies: Those activities that shall be identified as research and development for financial

Introduction Accounting is a service-providing activity. It arises out of economic needs, improves with the development of business and is influenced by the economic environment. Accounting theories have been updated and expanded at an impressive speed for recent decades, demonstrating the dynamic and ever-changing nature of accounting. Recognizing that the fulfillment of the function of