Definition of patents in Accounting

Financial Accounting Standards Board (FASB) Issues U.S. GAAP Taxonomy Guide  February 13, 2013 – 06:54 pm
Patents definition

The Financial Accounting Standards Board (FASB) recently issued a new link for its U.S. GAAP Taxonomy Implementation and Style Guidance on their website.

The first section is section is called “Implementation Guides” and is intended to provide a reference for preparers to assist in applying the U.S. GAAP Taxonomy (UGT). This is the first guide in a series of upcoming guides and covers Subsequent Events. It should be consistent with XBRL US Best Practices.

In addition to the Implementation Guide, the FASB also issued Definition Components & Structure, the first guide of the Taxonomy Style Guide Series. The style guides provide additional insight into design criteria of the UGT. While this guidance is helpful in understanding how the FASB designs their Taxonomy it does not need to apply to Extended Taxonomies.

The guides are not deemed authoritative by the FASB. The FASB XBRL staff invites individuals and organizations to provide comments for a period of 60 days. Rivet Software actively participants on the FASB’s Taxonomy Advisory Group, so feel free to give us a call if you have questions.

Source: Rivet Software

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In Defense...continued

But a participatory economy enjoys advantages in managing this trade off compared to capitalism. Most importantly, direct recognition of 'social serviceability' is a more powerful incentive to innovation in a participatory economy, which reduces the magnitude of the trade off since more innovation will occur in a participatory economy than in capitalism for the same speed of adjustments. Secondl... Economy. Forthcoming.
Levy, David. 1991. Book Review: Seeking a Third Way. Dollars and Sense 171 November 1991: 18-20.
Pramas, Jason. 1991. A Roundtable on Participatory Economics. Z Magazine July/August 1991: 73-74.
Weisskopf, Thomas. 1992. Toward a Socialism for the Future in the Wake of the Demise of the Socialism of the Past. Review of Radical Political Economics 24 (3&4).

In Defense of Participatory Economics

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In the shadow of the collapse of Communism, and very far from the public eye, a debate over what is a desirable economy has rekindled among a few who cannot convince themselves that human beings are not deserving and capable of better than capitalism. In the past de... industries the full social benefits of their innovation will be both realized and spread to all workers and consumers.
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