Statements of Financial Accounting Concepts (SFAC)
GPTKB entity
Statements (59)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:International_Organization_for_Standardization
|
| gptkbp:addresses |
financial statement users
|
| gptkbp:approves |
gptkb:1978
|
| gptkbp:components |
accounting frameworks
|
| gptkbp:developed_by |
gptkb:Financial_Accounting_Standards_Board_(FASB)
|
| gptkbp:establishes |
objectives of financial reporting
|
| gptkbp:focuses_on |
conceptual framework
|
| https://www.w3.org/2000/01/rdf-schema#label |
Statements of Financial Accounting Concepts (SFAC)
|
| gptkbp:includes |
qualitative characteristics of accounting information
|
| gptkbp:influences |
gptkb:Generally_Accepted_Accounting_Principles_(GAAP)
|
| gptkbp:is_a_basis_for |
financial reporting practices
accounting research |
| gptkbp:is_a_foundation_for |
accounting education
|
| gptkbp:is_a_framework_for |
financial reporting standards
financial statement analysis |
| gptkbp:is_a_guide_for |
financial statement preparation
financial reporting transparency |
| gptkbp:is_a_reference_for |
accounting professionals
financial reporting education |
| gptkbp:is_a_source_of |
accounting principles
accounting knowledge |
| gptkbp:is_a_subject_of |
academic studies
professional training |
| gptkbp:is_a_tool_for |
financial analysis
|
| gptkbp:is_aligned_with |
international accounting standards
|
| gptkbp:is_applicable_to |
non-profit organizations
private companies public companies |
| gptkbp:is_critical_for |
investor decision making
|
| gptkbp:is_discussed_in |
accounting textbooks
|
| gptkbp:is_essential_for |
regulatory compliance
stakeholder communication standard setting financial statement preparation |
| gptkbp:is_involved_in |
financial disclosures
|
| gptkbp:is_part_of |
FASB's conceptual framework project
|
| gptkbp:is_recognized_by |
financial analysts
|
| gptkbp:is_referenced_in |
financial regulations
audit standards financial reporting standards |
| gptkbp:is_related_to |
accounting ethics
financial reporting quality |
| gptkbp:is_standardized_by |
financial reporting consistency
|
| gptkbp:is_subject_to |
interpretation by accountants
|
| gptkbp:is_updated_by |
subsequent SFAC statements
|
| gptkbp:is_used_by |
accountants
|
| gptkbp:is_used_in |
financial audits
|
| gptkbp:is_utilized_in |
gptkb:academic_research
|
| gptkbp:number_of_statements |
8
|
| gptkbp:outlines |
elements of financial statements
|
| gptkbp:provides |
gptkb:Asset_Management
equity liabilities expenses revenues guidance on financial reporting |
| gptkbp:purpose |
to provide a framework for financial reporting
|
| gptkbp:bfsParent |
gptkb:Financial_Accounting_Standards_Board_(FASB)
|
| gptkbp:bfsLayer |
7
|