The Financial Accounting Standards Advisory Council (FASAC) releases the findings of its 2003 annual survey (www.fasb.org/fasac/results2003.pdf).
* The Financial Accounting Standards Advisory Council (FASAC FASAC Financial Accounting Standards Advisory Council )
releases the findings of its 2003 annual survey
(www.fasb.org/fasac/results2003.pdf). Among the 27 council members, 7
FASB members and 9 others who participated in the survey, revenue
recognition was the issue most often mentioned as warranting FASB's
immediate attention. Other topics of concern included pension
accounting, fair value, international convergence convergence
Mathematical property of infinite series, integrals on unbounded regions, and certain sequences of numbers. An infinite series is convergent if the sum of its terms is finite. and changes related to
the Sarbanes-Oxley Act See SOX. of 2002.
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