For additional info about the FASB ASC, Contact FASB Support.

How do I update credentials?

In US accounting practices, the Accounting Standards Codification (ASC) is the current single source of United States Generally Accepted Accounting Principles (GAAP).

The FASB issues an Accounting Standards Update (ASU) to communicate changes to the FASB Codification, including changes to non-authoritative SEC content. ASUs are not authoritative …

ASC X9, standards for the financial services industry ASC X12, standards for business electronic data interchange Aeronautical Systems Center, inactivated Air Force product center Airflow Sciences …

The FASB issues an Accounting Standards Update (Update or ASU) to communicate changes to the FASB Codification, including changes to non-authoritative SEC content. ASUs are not authoritative …

3 days ago · The latest expansion of the ASC Covered Procedures List (ASC-CPL) isn’t just a regulatory update—it’s a game-changer that will redefine what’s possible in outpatient surgery. For ASC …

Introduced by the Financial Accounting Standards Board (FASB) in July 2009, the ASC serves as the single source of authoritative nongovernmental Generally Accepted Accounting Principles (GAAP).

6 days ago · ASC Topic 740 formerly had one set of reporting requirements for public entities and another for nonpublic entities. In its update, FASB removed reference to public entities throughout …

Dec 27, 2024 · ASC (Accounting Standards Codification) accounting is a comprehensive and complex system of accounting standards issued by the Financial Accounting Standards Board (FASB) in the …