EXPOSURE DRAFT Definition

Bookmark and Share

EXPOSURE DRAFT is a proposed statement of financial accounting standards issued by the FASB for public comment. The exposure draft represents the FASBs considered judgment on a specific accounting issue. Subject to comments received and possible additional deliberation, an exposure draft may become a Statement of Position (SOP), mandating a Financial Accounting Standard (FAS).

Learn new Accounting Terms

RETROSPECTIVE REIMBURSEMENT, in healthcare, is where reimbursement came after medical care was delivered.

COBOL is Common Business Oriented Language.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.