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Finance > Fasb No. 8
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Fasb No. 8 Defined
U.S. accounting standard that requires U.S. firms to translate their foreign affiliates' accounts by the temporal method; that is reporting gains and losses from currency fluctuations in current income. It was in effect between 1975 and 1981 and became the most controversial accounting standard in the U.S. It was replaced by FASB No. 52 in 1981.
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Young Broadcasting Reports Second Quarter Results
Published August 14, 2008, 4:00 am, Business Wire via Yahoo! Finance
NEW YORK----Young Broadcasting Inc. today announced its results for the second quarter ended June 30, 2008. KRON-TV, the Company’s San Francisco MyNetwork affiliate, has been reported as a discontinued operation held for sale in this release.
Aegean Marine Petroleum Network Inc. Announces Second Quarter and Six Month 2008 Financial Results
Published August 13, 2008, 1:29 pm, PR Newswire via Yahoo! Finance
Aegean Marine Petroleum Network Inc. , an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea, today announced financial and operating results for the second quarter and six months ended June 30, 2008.
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