Standards - FASB 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 standards This page provides effective dates for FASB documents during the time that the amendments are being applied
Accounting Standards Codification - Wikipedia In US accounting practices, the Accounting Standards Codification (ASC) is the current single source of United States Generally Accepted Accounting Principles (GAAP)
What Does ASC Stand For in Accounting? A 2025 Guide ASC stands for Accounting Standards Codification It’s essentially a massive, organized database of U S Generally Accepted Accounting Principles (GAAP) Think of it as one giant, searchable rulebook for all things accounting
What does ASC stand for? - Abbreviations. com Looking for the definition of ASC? Find out what is the full meaning of ASC on Abbreviations com! 'Ascending' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource