ASRB Definition

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ASRB is Accounting Standards Review Board.

Learn new Accounting Terms

SHIPPING NOTICE is a formal notification that goods ordered are en-route to their destination.

SOFT ASSETS are human resources (people, skills and knowledge) and intangible assets (information, brands, and reputation). Soft assets are hard to value and are not usually reflected in the books of account, nor are they typically subjected to periodic inventory. See also HARD ASSETS.

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