Federal Accounting Standards Advisory Board and Revaluation: Difference between pages

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imported>Doug Williamson
(Correct erroneous references to Federal, to become Financial. Source: http://www.fasb.org/home)
 
imported>Doug Williamson
(Add link.)
 
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(FASAB).  
1. ''Financial reporting''.  


''US Government accounting.''
A reassessment of the value of an item already held, usually resulting in an increase in value.


The US Government Accounting Standards Board.
The Board issues a number of Statements of Federal Financial Accounting Concepts (SFFAC) and Statements of Federal Financial Accounting Standards (SFFAS) which cover aspects of accounting standards similar to those issued to the private sector by the Financial Accounting Standards Board (FASB).


Details of their work and standards are available at: www.fasab.gov.
2. ''Foreign exchange''.
 
A change in the value of a currency in a fixed exchange rate system, usually resulting in an increase in its value relative to other currencies (contrasted with a devaluation).
 
 
3.
 
Any reassessment of value.




== See also ==
== See also ==
* [[Accounting Standards Board]]
* [[Accrued benefit obligation]]
* [[Financial Accounting Standards Board]]
* [[Currency]]
* [[Statement of federal financial accounting concept]]
* [[Devaluation]]
* [[Statement of federal financial accounting standard]]
* [[Financial reporting]]
* [[Foreign exchange]]
* [[Pension fraction]]
* [[Pensionable salary]]
* [[Remeasurement]]
*[[Valuation]]


[[Category:Accounting_and_Reporting]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Financial_products_and_markets]]

Revision as of 15:36, 22 October 2020

1. Financial reporting.

A reassessment of the value of an item already held, usually resulting in an increase in value.


2. Foreign exchange.

A change in the value of a currency in a fixed exchange rate system, usually resulting in an increase in its value relative to other currencies (contrasted with a devaluation).


3.

Any reassessment of value.


See also