Publication Date
1-1-1991
Document Type
Dissertation/Thesis
First Advisor
Delaney, Patrick R.
Degree Name
B.A. (Bachelor of Arts)
Legacy Department
Department of Accountancy
Abstract
The work contains analyses and evaluation of the FASB's Project on Financial Instruments. Emphasis is placed on the disclosure, as well as the recognition and measurement phases of the long term project. Each section of the long-term project is evaluated on a cost-benefit approach. In particular, the advantages of the FASB's "building block" approach to recognition and measurement are compared to its disadvantages. Problems concerning the implementation of the FASB's proposed solution are all discussed. The role of the Emerging Issues Task Force in dealing with financial instrument is also examined.
Recommended Citation
Czerniewski, David E., "The FASB's Project on Financial Instruments" (1991). Honors Capstones. 1179.
https://huskiecommons.lib.niu.edu/studentengagement-honorscapstones/1179
Extent
15 pages
Language
eng
Publisher
Northern Illinois University
Rights Statement
In Copyright
Rights Statement 2
NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.
Media Type
Text
