accounting series releases (ASRS) Definition | Business Dictionaries from AllBusiness.com

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Business Definition for: accounting series releases (ASRS)

accounting series releases (ASRS)

issued by the Securities and Exchange Commission (SEC) as official accounting pronouncements. Releases include accounting requirements, disclosure mandates, auditing policies, and Commission activities regarding CPA firms filing financial statements with the SEC for publicly traded companies. The Accounting Series Releases are now codified as Financial Reporting Releases (FRRs).

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