Codification page · 2023

Proposed Statement of Financial Accounting Concepts—Concepts Statement 8—Conceptual Framework of Financial Reporting—Chapter 6: Measurement

The Exposure Draft, Conceptual Framework for Financial Reporting: Chapter 6: Measurement, sets forth concepts on how items recognized in financial statements should be measured and provides guidance on when a specific measurement system should be applied.

For more information, see the following:

Proposed Statement of Financial Accounting Concepts—Concepts Statement 8—Conceptual Framework of Financial Reporting—Chapter 6: Measurement (PDF)

Issued: December 21, 2023

Comments Due: March 20, 2024

Text as published in the FASB Accounting Standards Codification, Basic View.