ASB

Accounting Standards Board (ASB)

The accounting standards issuing body. The ASB issues accounting standards in the form of Financial Reporting Standards (FRSs) and has adopted those standards developed by its predecessors in the form of Statements of Standard Accounting Practice (SSAPs). The ASB has an Urgent Issues Task Force (UITF) which issues UITF Abstracts which provide guidance on subjects such as interim reports and preliminary announcements.

ASB's website:

Related links

applicable accounting standards

International Accounting Standards Board (IASB)

depreciation

ASC

FRC

FRED

FRS

SORP

SSAP

Statements of Recommended Practice (SORPs)

Statements of Standard Accounting Practice (SSAP)

UITF

Financial Reporting Council (FRC)

merger accounting