SFAS No. 12 and the Conceptual Framework.
依据FASB的概念框架，评估了SFAS第12号关于特定有价证券会计处理的准则，检验其是否符合概念框架的目标和概念。
Abstract The Financial Accounting Standards Board (FASB) has stated that the Statements of Financial Accounting Concepts (SFAC) are intended to establish objectives and concepts to be used in developing financial accounting and reporting standards, and that it expects to reexamine its pronouncements in light of the concept statements. Now that the conceptual framework is complete enough to use, it is appropriate to assess generally accepted accounting principles (GAAP) in accordance with the expectations of the FASB. This article examines Statement of Financial Accounting Standard (SFAS) No. 12 Accounting for Certain Marketable Securities,¹ within the context of the conceptual framework.