Extrapolation and FAS: Difference between pages

Revision as of 20:03, 19 August 2013

US Accounting. Federal Accounting Standard issued by the Federal Accounting Standards Board. Short form of Statement of Federal Accounting Standard (or SFAS). Also known as FASB.
UK Pensions. Financial Assistance Scheme.

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-# A straight-line estimation method where the estimated result lies beyond the range spanned by two or more known data points.
+#''US Accounting''.  Federal Accounting Standard issued by the Federal Accounting Standards Board. Short form of Statement of Federal Accounting Standard (or SFAS).  Also known as FASB.
-# More generally, any estimation method where the estimated result lies beyond the range spanned by two or more known data points.  (Not necessarily using straight-line methods of estimation.)
+#''UK Pensions''.  Financial Assistance Scheme.
-Extrapolation is generally a less reliable estimation method than interpolation.
-Extrapolation can be particularly unreliable when historical trends - for example historic growth rates - are projected into future periods for planning or valuation purposes.
 == See also ==
-* [[Approximation]]
+* [[FASB]]
-* [[Interpolation]]
+* [[Federal Accounting Standards Board]]
-* [[CAGR]]
+* [[Financial Assistance Scheme]]
+* [[FRS]]
+* [[IAS]]
+* [[IFRS]]
+* [[SSAP]]
+* [[Statement of financial accounting standard]]