학술논문
The bottom line
Document Type
Periodical
Author
Source
Management Accounting (USA). Dec 1985, Vol. 67 Issue 6, p67, 3 p. table Statements (issued by FASB) that should have been technical bulletins.
Subject
Language
ISSN
0025-1690
Abstract
A former member of the Financial Accounting Standards Board (FASB) offers his suggestions as to how the FASB could be improved. Among the suggestions discussed are: (1) prepare more technical bulletins and fewer statements of standards, (2) decide whether current cost accounting or historical cost accounting is the preferable method to use, and (3) require the preparation of cost-benefit statements related to each FASB project. The last suggestion is perhaps the most obvious, since it effectively states that changes should be encouraged only when such changes improve the status quo.