Implementation of FASB statement No. 115. (Financial Accounting Standards Board): An article from: The National Public Accountant

This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on June 1, 1994. The length of the article is 2095 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The Financial Accounting Standards Board's Statement No. 115 was issued to solve inconsistency problems involving accounting and reporting practices for debt and equity securities. These inconsistencies continued despite Statements Nos. 12, No. 105 and 107. However, Statement No. 115 does not apply to investments in equity securities covered under the equity method. It establishes standards of accounting and reporting for investments in equity securities with easily determinable fair values, including all investments in debt securities.

Citation Details
Title: Implementation of FASB statement No. 115. (Financial Accounting Standards Board)
Author: David Lavin
Publication:The National Public Accountant (Magazine/Journal)
Date: June 1, 1994
Publisher: National Society of Public Accountants
Volume: v39 Issue: n6 Page: p29(4)

Distributed by Thomson Gale