The FASB: the people, the process, and the politics
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Boston u.a.
McGraw-Hill
1998
|
| Edition: | 4. ed. |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XVI, 216 S. graph. Darst. |
| ISBN: | 0256207410 |
Staff View
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV011909346 | ||
| 003 | DE-604 | ||
| 005 | 20171122 | ||
| 007 | t | ||
| 008 | 980427s1998 d||| |||| 00||| eng d | ||
| 020 | |a 0256207410 |9 0-256-20741-0 | ||
| 035 | |a (OCoLC)37107067 | ||
| 035 | |a (DE-599)BVBBV011909346 | ||
| 040 | |a DE-604 |b ger |e rakwb | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-19 |a DE-188 | ||
| 050 | 0 | |a HF5616.U5 | |
| 082 | 0 | |a 657/.02/1873 |2 21 | |
| 084 | |a QP 820 |0 (DE-625)141943: |2 rvk | ||
| 084 | |a WIR 650f |2 stub | ||
| 100 | 1 | |a Miller, Paul B. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a The FASB |b the people, the process, and the politics |c Paul B. W. Miller ; Rodney J. Redding ; Paul R. Bahnson |
| 250 | |a 4. ed. | ||
| 264 | 1 | |a Boston u.a. |b McGraw-Hill |c 1998 | |
| 300 | |a XVI, 216 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 610 | 2 | 4 | |a Financial Accounting Standards Board |
| 610 | 2 | 7 | |a Financial Accounting Foundation |b Financial Accounting Standards Board |0 (DE-588)219651-7 |2 gnd |9 rswk-swf |
| 650 | 4 | |a Comptabilité - Normes | |
| 650 | 4 | |a Accounting |x Standards |z United States | |
| 650 | 0 | 7 | |a Rechnungslegung |0 (DE-588)4128343-0 |2 gnd |9 rswk-swf |
| 651 | 4 | |a USA | |
| 651 | 7 | |a USA |0 (DE-588)4078704-7 |2 gnd |9 rswk-swf | |
| 689 | 0 | 0 | |a USA |0 (DE-588)4078704-7 |D g |
| 689 | 0 | 1 | |a Rechnungslegung |0 (DE-588)4128343-0 |D s |
| 689 | 0 | 2 | |a Financial Accounting Foundation |b Financial Accounting Standards Board |0 (DE-588)219651-7 |D b |
| 689 | 0 | |8 1\p |5 DE-604 | |
| 700 | 1 | |a Redding, Rodney J. |e Verfasser |4 aut | |
| 700 | 1 | |a Bahnson, Paul R. |e Verfasser |4 aut | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008048766&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-008048766 | ||
| 883 | 1 | |8 1\p |a cgwrk |d 20201028 |q DE-101 |u https://d-nb.info/provenance/plan#cgwrk | |
Record in the Search Index
| _version_ | 1804126496977059840 |
|---|---|
| adam_text | CONTENTS Prologue: The Life Cycle of an Accounting Issue 1
1 Financial Accounting and the FASB 10
What Is Financial Accounting and Why Is It Considered to Be
Important? 11
The Relationship between the Economy and Financial Accounting 11
Two Other Views on the Importance of Financial Accounting 14
What Groups Are the Most Interested in Financial Accounting and What Is
the Nature of Their Interest? 16
Why Should Differences among These Groups Be Resolved? 18
What Is the FASB s Basic Structure? 20
How Does the FASB Obtain Its Authority? 21
The Securities and Exchange Commission 22
State Regulatory Authorities 24
Nongovernmental Bodies 24
What Procedures Does the FASB Follow in Setting Standards? 26
The Conceptual Framework 26
Is the FASB a Political Institution? 27
Three Levels of Politics 28
The Implications of a Political Process 29
2 The People and the Structure of the FASB 32
The Financial Accounting Foundation 33
The Trustees 35
A Financial Perspective 38
The Financial Accounting Standards Board 39
The Board Members 39
The Chair of the FASB 41
The Financial Accounting Standards Advisory Council 43
Council Meetings 47
xiii
XiV / CONTENTS
The Research and Technical Activities Staff 48
Organizational Structure 48
The Director of Research and Technical Activities 49
Project Managers 50
Fellow Positions 52
Appendix: FASB s Predecessors 55
The Committee on Accounting Procedure 55
The Accounting Principles Board 57
3 The FASB s Due Process 59
Pronouncements Issued by the FASB 60
Hierarchy of Generally Accepted Accounting Principles 60
Statements of Financial Accounting Standards 63
Interpretations 64
Statements of Financial Accounting Concepts 64
Technical Bulletins 65
Other Publications 66
The Steps in the Process 67
Preliminary Evaluation of the Problem 68
Admission to the Agenda 69
Early Deliberations 71
Tentative Resolution 73
Further Deliberations 74
Final Resolution 76
Subsequent Review 77
The FASB s Public Relations Activities 78
Participating in the FASB s Due Process 80
Appendix: Obtaining FASB Publications 86
4 The Conceptual Framework Project 89
The Reasons for Having a Conceptual Framework and Approaches to
Developing One 90
Description of Existing Practice 90
Prescription of Future Practice 92
Definition of Commonly Used Terms 95
Summary 95
The FASB s Experience 96
The Basic Steps in the Project 97
Some Observations on the Events 101
Summary 104
A Summary and Evaluation of the Concepts Statements 105
SFAC1: Objectives of Financial Reporting by Business Enterprises 105
SFAC 2: Qualitative Characteristics of Accounting Information 107
CONTENTS / XV
SFAC 3: Elements of Financial Statements of Business Enterprises 110
SFAC 4: Objectives of Financial Reporting by Nonbusiness
Organizations 111
SFAC 5: Recognition and Measurement in Financial Statements of
Business Enterprises 113
SFAC 6: Elements of Financial Statements 115
Future Developments 115
5 Some Recurring Accounting Controversies 117
A New Perspective on Financial Reporting 118
Capitalization versus Expensing 120
Research and Development Costs 122
Interest Costs 123
Software Development Costs 124
Oil and Gas Accounting 125
Off Balance Sheet Financing 127
Leases 127
Unconsolidated Finance Subsidiaries 130
Employee Compensation 134
Compensated Absences 134
Pensions 135
Other Post Employment Benefits 136
Stock Based Compensation 137
Income Taxes 142
Deferred Taxes 142
The Investment Tax Credit 146
Changing Prices 146
Price Level Adjustments 147
Market Value 148
Summary 151
6 A Look into the FASB s Future 157
Public versus Private Standards Setting 157
Congressional Attention 160
Standards Overload versus Timely Guidance 161
Standards Overload 162
Timely Guidance 167
The FASB s Response 168
The Emerging Issues Task Force 169
Summary 171
International Accounting Standards and Issues 171
The Effects of Politics 173
Applying the New Perspective 175
XVi / CONTENTS
Statement Preparer Participation versus Dominance 177
Other Evidence of Preparer Dominance 179
The Stock Options Debacle 186
The FEI Blunders and the Trustees Are Restructured 186
Summary 192
Will the FASB Survive? 193
Review Questions and Exercises 196
Name Index 211
Subject Index 214
Pronouncement Index 217
|
| any_adam_object | 1 |
| author | Miller, Paul B. Redding, Rodney J. Bahnson, Paul R. |
| author_facet | Miller, Paul B. Redding, Rodney J. Bahnson, Paul R. |
| author_role | aut aut aut |
| author_sort | Miller, Paul B. |
| author_variant | p b m pb pbm r j r rj rjr p r b pr prb |
| building | Verbundindex |
| bvnumber | BV011909346 |
| callnumber-first | H - Social Science |
| callnumber-label | HF5616 |
| callnumber-raw | HF5616.U5 |
| callnumber-search | HF5616.U5 |
| callnumber-sort | HF 45616 U5 |
| callnumber-subject | HF - Commerce |
| classification_rvk | QP 820 |
| classification_tum | WIR 650f |
| ctrlnum | (OCoLC)37107067 (DE-599)BVBBV011909346 |
| dewey-full | 657/.02/1873 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 657 - Accounting |
| dewey-raw | 657/.02/1873 |
| dewey-search | 657/.02/1873 |
| dewey-sort | 3657 12 41873 |
| dewey-tens | 650 - Management and auxiliary services |
| discipline | Wirtschaftswissenschaften |
| edition | 4. ed. |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01998nam a2200493 c 4500</leader><controlfield tag="001">BV011909346</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20171122 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">980427s1998 d||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0256207410</subfield><subfield code="9">0-256-20741-0</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)37107067</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV011909346</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakwb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-19</subfield><subfield code="a">DE-188</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">HF5616.U5</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">657/.02/1873</subfield><subfield code="2">21</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QP 820</subfield><subfield code="0">(DE-625)141943:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">WIR 650f</subfield><subfield code="2">stub</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Miller, Paul B.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The FASB</subfield><subfield code="b">the people, the process, and the politics</subfield><subfield code="c">Paul B. W. Miller ; Rodney J. Redding ; Paul R. Bahnson</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">4. ed.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Boston u.a.</subfield><subfield code="b">McGraw-Hill</subfield><subfield code="c">1998</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">XVI, 216 S.</subfield><subfield code="b">graph. Darst.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="610" ind1="2" ind2="4"><subfield code="a">Financial Accounting Standards Board</subfield></datafield><datafield tag="610" ind1="2" ind2="7"><subfield code="a">Financial Accounting Foundation</subfield><subfield code="b">Financial Accounting Standards Board</subfield><subfield code="0">(DE-588)219651-7</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Comptabilité - Normes</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Accounting</subfield><subfield code="x">Standards</subfield><subfield code="z">United States</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Rechnungslegung</subfield><subfield code="0">(DE-588)4128343-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="4"><subfield code="a">USA</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">USA</subfield><subfield code="0">(DE-588)4078704-7</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">USA</subfield><subfield code="0">(DE-588)4078704-7</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Rechnungslegung</subfield><subfield code="0">(DE-588)4128343-0</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Financial Accounting Foundation</subfield><subfield code="b">Financial Accounting Standards Board</subfield><subfield code="0">(DE-588)219651-7</subfield><subfield code="D">b</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="8">1\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Redding, Rodney J.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Bahnson, Paul R.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">HBZ Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008048766&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-008048766</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">1\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield></record></collection> |
| geographic | USA USA (DE-588)4078704-7 gnd |
| geographic_facet | USA |
| id | DE-604.BV011909346 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T18:18:23Z |
| institution | BVB |
| isbn | 0256207410 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-008048766 |
| oclc_num | 37107067 |
| open_access_boolean | |
| owner | DE-19 DE-BY-UBM DE-188 |
| owner_facet | DE-19 DE-BY-UBM DE-188 |
| physical | XVI, 216 S. graph. Darst. |
| publishDate | 1998 |
| publishDateSearch | 1998 |
| publishDateSort | 1998 |
| publisher | McGraw-Hill |
| record_format | marc |
| spelling | Miller, Paul B. Verfasser aut The FASB the people, the process, and the politics Paul B. W. Miller ; Rodney J. Redding ; Paul R. Bahnson 4. ed. Boston u.a. McGraw-Hill 1998 XVI, 216 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Financial Accounting Standards Board Financial Accounting Foundation Financial Accounting Standards Board (DE-588)219651-7 gnd rswk-swf Comptabilité - Normes Accounting Standards United States Rechnungslegung (DE-588)4128343-0 gnd rswk-swf USA USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Rechnungslegung (DE-588)4128343-0 s Financial Accounting Foundation Financial Accounting Standards Board (DE-588)219651-7 b 1\p DE-604 Redding, Rodney J. Verfasser aut Bahnson, Paul R. Verfasser aut HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008048766&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Miller, Paul B. Redding, Rodney J. Bahnson, Paul R. The FASB the people, the process, and the politics Financial Accounting Standards Board Financial Accounting Foundation Financial Accounting Standards Board (DE-588)219651-7 gnd Comptabilité - Normes Accounting Standards United States Rechnungslegung (DE-588)4128343-0 gnd |
| subject_GND | (DE-588)219651-7 (DE-588)4128343-0 (DE-588)4078704-7 |
| title | The FASB the people, the process, and the politics |
| title_auth | The FASB the people, the process, and the politics |
| title_exact_search | The FASB the people, the process, and the politics |
| title_full | The FASB the people, the process, and the politics Paul B. W. Miller ; Rodney J. Redding ; Paul R. Bahnson |
| title_fullStr | The FASB the people, the process, and the politics Paul B. W. Miller ; Rodney J. Redding ; Paul R. Bahnson |
| title_full_unstemmed | The FASB the people, the process, and the politics Paul B. W. Miller ; Rodney J. Redding ; Paul R. Bahnson |
| title_short | The FASB |
| title_sort | the fasb the people the process and the politics |
| title_sub | the people, the process, and the politics |
| topic | Financial Accounting Standards Board Financial Accounting Foundation Financial Accounting Standards Board (DE-588)219651-7 gnd Comptabilité - Normes Accounting Standards United States Rechnungslegung (DE-588)4128343-0 gnd |
| topic_facet | Financial Accounting Standards Board Financial Accounting Foundation Financial Accounting Standards Board Comptabilité - Normes Accounting Standards United States Rechnungslegung USA |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008048766&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT millerpaulb thefasbthepeopletheprocessandthepolitics AT reddingrodneyj thefasbthepeopletheprocessandthepolitics AT bahnsonpaulr thefasbthepeopletheprocessandthepolitics |