Financial Accounting Standards Board Proposes Concepts for Defining Elements in a Financial Statement
July 17, 2020
July 17, 2020
NORWALK, Connecticut, July 17 -- The Financial Accounting Standards Board issued the following news release:
The Financial Accounting Standards Board (FASB) issued for public comment a proposed new chapter of its Conceptual Framework that defines 10 elements of financial statements. Stakeholders are encouraged to review and comment on the proposal by November 13, 2020.
"The proposed new chapter of the FASB's Conceptual Framework will provide a useful reference in t . . .
The Financial Accounting Standards Board (FASB) issued for public comment a proposed new chapter of its Conceptual Framework that defines 10 elements of financial statements. Stakeholders are encouraged to review and comment on the proposal by November 13, 2020.
"The proposed new chapter of the FASB's Conceptual Framework will provide a useful reference in t . . .