FASB on Thursday issued a proposed new chapter of its Conceptual Framework related to the measurement of items recognized in financial statements.. If finalized by FASB, the proposed chapter, Chapter ...

"The publication of Chapter 6 completes the FASB's Conceptual Framework — an important tool used by the Board in our decisions," said FASB chair Richard Jones in a statement. "We thank the FASB ...

FASB is seeking comments on a proposed new chapter of its Conceptual Framework related to the recognition and derecognition of an item in financial statements.. The proposed chapter, Chapter 5 of FASB ...

Second, FASB Concepts Statement No. 8, Conceptual Framework for Financial Reporting — Chapter 7, “Presentation,” lays out the factors the board should consider when deciding how items should be ...