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Exposure Drafts, Comment Letters, and Statements of Position
Current value accounting -- United States; Financial statements -- United States
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Full-Text Articles in Business
Proposed Statement Of Position On Presentation And Disclosure Of Supplementary Current Value Information;Presentation And Disclosure Of Supplementary Current Value Information; Exposure Draft (American Institute Of Certified Public Accountants), 1978, Jan. 27, American Institute Of Certified Public Accountants. Accounting Standards Executive Committee
Proposed Statement Of Position On Presentation And Disclosure Of Supplementary Current Value Information;Presentation And Disclosure Of Supplementary Current Value Information; Exposure Draft (American Institute Of Certified Public Accountants), 1978, Jan. 27, American Institute Of Certified Public Accountants. Accounting Standards Executive Committee
Exposure Drafts, Comment Letters, and Statements of Position
This statement of position is being issued because the subject is receiving increased attention. Although supplementary current value information is not required for presentation of financial position, results of operations, or changes in financial position in conformity with generally accepted accounting principles, a few companies are now presenting such information (in addition to that disclosed pursuant to the requirements of the Securities and Exchange Commission for certain replacement cost information) in annual reports to shareholders.