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11 September 2013

FASB(米国財務会計基準審議会)、創業段階の事業体の財務報告に関する公開草案を10月末までに策定することを決議


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The FASB voted to issue an ED containing proposals intended to improve financial reporting about public and private development stage entities. The ED is expected to be issued by the end of October.


A development stage entity is one that devotes substantially all of its efforts to establishing a new business and for which (a) planned principal operations have not commenced or (b) planned principal operations have commenced, but have produced no significant revenue. Current US GAAP requires development stage entities to present the same basic financial statements and apply the same recognition and measurement requirements for revenues, start-up costs, and other similar costs incurred as required of established operating organisations. In addition, it requires development stage entities to present inception-to-date information about income statement line items, cash flows, and equity transactions.

Stakeholders have raised concerns about the cost and relevance of these additional presentation requirements. Many development stage entities with multiple products under development do not intend to ever manufacture a single product, but rather, may periodically sell the research and development to another business. Pharmaceutical, biotechnology, and technology industries are most likely to have long- term development stage entities affected by these requirements, and it is now common for many of these entities to remain in the development stage for several years or even in perpetuity.

Press release



© FASB


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