Statements of Financial Accounting Concepts
Subtitle: accounting standards : 1998/99 edition
Publisher: John Wiley and Sons; Wiley
Published: 1998
Place of publication: New York
Language: eng
Number of pages: 284
ISBN-13: 9780471197843
Description: This volume contains the full text of five of the six Statements of Financial Accounting Concepts. The existing concepts are intended to serve the public interest by setting the objectives, qualitative characteristics, and other concepts that guide selection of economic events to be recognized and measured for financial reporting their display in financial statements. Unlike a Statement of Financial Accounting Standards, a Statement of Financial Accounting Concepts does not establish generally accepted Accounting Principles.