accounting standard

an authoritative statement of how particular types of Transaction and other events should be reflected in financial statements. compliance with accounting standards will normally be necessary for financial statements to give a true and fair view.

(Note These principles are recommended by the Accounting Standards Board in the United Kingdom or by the FASB in the United States.)
Browse by Subjects
Financial Reporting Standards
Canadian Institute of Chartered Accountants
primary earnings per share
Financial Accounting Standards Board
See All Related Terms »

insurable interest
wage-price spiral
sole agent
statutory books
pre-market trading