Accounting Principles Board

E453733

accounting standard-setting body defunct organization

The Accounting Principles Board was a former U.S. standard-setting body responsible for issuing authoritative accounting guidelines before being succeeded by the Financial Accounting Standards Board.

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All labels observed (2)

Label	Occurrences
Accounting Principles Board Opinions	6
Accounting Principles Board canonical	4

How this entity was disambiguated

This entity first appeared as the object of triple T4575516 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.

NED1 Entity disambiguation (via context triple) gpt-5-mini-2025-08-07

Target entity: Accounting Principles Board
Context triple: [Financial Accounting Standards Board, replaced, Accounting Principles Board]

A. Financial Accounting Standards Board
The Financial Accounting Standards Board is an independent U.S. organization that establishes and improves financial accounting and reporting standards for public and private companies.
B. Public Company Accounting Oversight Board
The Public Company Accounting Oversight Board is a nonprofit regulatory body in the United States that oversees the audits of public companies to protect investors and enhance the accuracy and reliability of corporate financial reporting.
C. Bureau of Accountancy
The Bureau of Accountancy is a division within the New York City government responsible for managing and overseeing the city’s accounting and financial reporting functions.
D. Statements of Financial Accounting Standards
Statements of Financial Accounting Standards were authoritative pronouncements issued by the Financial Accounting Standards Board that established key accounting principles and reporting requirements under U.S. GAAP before being superseded by the FASB Accounting Standards Codification.
E. FASB Accounting Standards Codification
The FASB Accounting Standards Codification is the single, authoritative source of nongovernmental U.S. GAAP, organizing all relevant accounting standards into a comprehensive, structured framework.
F. None of above. chosen
G. Unsure - the case is ambiguous/there is not enough information to decide.

NED2 Entity disambiguation (via description) gpt-5-mini-2025-08-07

Target entity: Accounting Principles Board
Target entity description: The Accounting Principles Board was a former U.S. standard-setting body responsible for issuing authoritative accounting guidelines before being succeeded by the Financial Accounting Standards Board.

A. Financial Accounting Standards Board
The Financial Accounting Standards Board is an independent U.S. organization that establishes and improves financial accounting and reporting standards for public and private companies.
B. Public Company Accounting Oversight Board
The Public Company Accounting Oversight Board is a nonprofit regulatory body in the United States that oversees the audits of public companies to protect investors and enhance the accuracy and reliability of corporate financial reporting.
C. Bureau of Accountancy
The Bureau of Accountancy is a division within the New York City government responsible for managing and overseeing the city’s accounting and financial reporting functions.
D. Statements of Financial Accounting Standards
Statements of Financial Accounting Standards were authoritative pronouncements issued by the Financial Accounting Standards Board that established key accounting principles and reporting requirements under U.S. GAAP before being superseded by the FASB Accounting Standards Codification.
E. FASB Accounting Standards Codification
The FASB Accounting Standards Codification is the single, authoritative source of nongovernmental U.S. GAAP, organizing all relevant accounting standards into a comprehensive, structured framework.
F. None of above. chosen

Statements (34)

Predicate	Object
instanceOf	accounting standard-setting body ⓘ defunct organization ⓘ
abbreviation	APB ⓘ linked to: APB Opinions
appliesTo	U.S. Generally Accepted Accounting Principles ⓘ linked to: US GAAP
composition	part-time members ⓘ primarily practicing certified public accountants ⓘ
country	United States ⓘ linked to: United States of America
dissolutionReason	criticisms over independence and effectiveness ⓘ
field	accounting standards ⓘ financial accounting ⓘ
industry	accounting ⓘ financial reporting ⓘ
influenced	Generally Accepted Accounting Principles in the United States ⓘ linked to: FASB Accounting Standards Codification
jurisdiction	United States ⓘ linked to: United States of America
language	English ⓘ
legacy	many APB Opinions were later incorporated into FASB standards ⓘ
locationCountry	United States ⓘ linked to: United States of America
natureOfAuthority	authoritative but not statutory ⓘ
objective	to improve the quality and consistency of financial reporting ⓘ to narrow areas of difference in accounting practice ⓘ
oversightBy	American Institute of Certified Public Accountants ⓘ linked to: American Institute of Accountants
parentOrganization	American Institute of Certified Public Accountants ⓘ linked to: American Institute of Accountants
predecessor	Committee on Accounting Procedure ⓘ
product	APB Opinions ⓘ accounting standards ⓘ interpretive releases ⓘ
regulatoryDomain	private-sector standard setting ⓘ
replaced	Committee on Accounting Procedure ⓘ
replacedBy	Financial Accounting Standards Board ⓘ
role	developed accounting principles for financial reporting ⓘ issued authoritative accounting guidelines in the United States ⓘ
scope	financial reporting by business enterprises ⓘ
status	defunct ⓘ
successor	Financial Accounting Standards Board ⓘ

How these facts were elicited