The FASB’s Conceptual Framework for Financial Reporting: A Critical Analysis American Accounting Association’s Financial Accounting Standards Committee

  • George J. Benston, Douglas R. Carmichael, +5 authors George Vrana
  • Published 2007

Abstract

INTRODUCTION On July 6, 2006, the Financial Accounting Standards Board (FASB) published its ‘‘preliminary view’’ of the conceptual framework (FASB 2006). As the subtitle declares, it is (should or will be) the ‘‘objective of financial reporting and qualitative characteristics of decision-useful financial reporting information.’’ This document, developed… (More)

Topics

Cite this paper

@inproceedings{Benston2007TheFC, title={The FASB’s Conceptual Framework for Financial Reporting: A Critical Analysis American Accounting Association’s Financial Accounting Standards Committee}, author={George J. Benston and Douglas R. Carmichael and Joel S. Demski and Bala G. Dharan and Karim Jamal and Robert V Laux and Shiva Rajgopal and George Vrana}, year={2007} }