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Financial Reporting Executive Committee  (FinREC) - Financial definition

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Synonym:  Accounting Standards Executive Committee

Concise definition of the term Financial Reporting Executive Committee

The FinREC is a technical organisation within the [ACR0008887S]AICPA[ACR0008887E] in the United States. It determines the [ACR0008887S]AICPA[ACR0008887E]'s technical policies related to financial reporting standards.

Comprehensive definition of the term Financial Reporting Executive Committee

It was formerly called the Accounting Standards Executive Committee (AcSEC).

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