... straightforward but thorough introduction to accounting and finance for executives and managers who are studying these subjects, formally, for the first time It is an entry-level text to be used before ... the Accounting Standards Board (ASB) It was to supersede the Accounting Standards Committee which had issued standard statements of accounting practice (SSAPs) on topics such as accounting for ... In the UK, the mandatory elements of GAAP are the 1985 Companies Act, Accounting Standards, abstracts issued by the Accounting Standard Board’s Urgent Issues Task Force and, for listed companies,...