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Which FASB statement addresses the proper accounting for contingent liabilities?

 a. FASB

 b. FASB5

 c. FASB

 d. FASB

Accounting GAAP
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Question added by مقبول محمد جلال علي , General Accountant , شركة جودت للمقاولات
Date Posted: 2015/11/02
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Deleted user
by Deleted user

FAS5  is the right option . option b .

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

Statement of Financial Accounting Standards :   No5

 

This Statement establishes standards of financial accounting and reporting for loss contingencies

 

Abderrahim LAGUCHORI
by Abderrahim LAGUCHORI , chef-parti , pastaz by catanzaro

FASB5 :Statement of Financial Accounting Standards n5

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