Statement of Recommended Practice

Statement of Recommended Practice
A non-mandatory statement dealing with accounting topics issued by the Accounting Standards Committee (ASC). Some franked SORPs were prepared by other bodies, mainly on an industry basis, and were approved by the ASC, a process known as franking. The ASC's successor, the Accounting Standards Board, does not issue or frank SORPs.

Accounting dictionary. 2014.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Classical Hindu law in practice — originates from community, not a state polity. In this way, particular groups of society began to gain influence in the creation and administration of law. Primary corporate groups, Kingships, and Brahmins were the factions, which conveyed Hindu… …   Wikipedia

  • SORP — Statement Of Recommended Practice (Academic & Science » Meteorology) Statement Of Recommended Practice (Governmental » US Government) …   Abbreviations dictionary

  • franked SORPs — See: Statement of Recommended Practice …   Accounting dictionary

  • SORP — Abbreviation for Statement of Recommended Practice …   Accounting dictionary

  • SORP — (accounting) abbrev Statement of Recommended Practice …   Useful english dictionary

  • New Zealand Institute of Chartered Accountants — (NZICA) Headquarters Wellington,  New Zealand …   Wikipedia

  • Temple Israel (Memphis, Tennessee) — Temple Israel Temple Israel entrance Basic information Location …   Wikipedia

  • Oxygen therapy — Intervention ICD 9 CM 93.96 MeSH …   Wikipedia

  • SAE International — SAE Type Professional Organization. Location Warrendale, Pennsylvania Key people Andrew L. Riker, Henry Ford, Thomas Edison, Glenn Martin, Orville Wright, Charles Kettering …   Wikipedia

  • Publicly Available Specification — The PAS requires less consensus building than an ISO, European or British Standard and offers the sponsor more control over how the content is developed. Whilst writing a private document would offer the sponsor complete control over content,… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”