-
Board
ActivitiesBoard Meetings Action Alert Calendar Meeting Preregistration Form Board Meeting Handouts Meeting Webcast - Live Meeting Webcasts - Archive Educational Webcasts and Webinars Online Public Reference Room International Convergence EITF Investors Nonpublic Entity Stakeholders Accounting Standards Codification - Projects
-
Exposure
Documents -
EITF
About Members Meeting Schedule Open Issues and
Proposed Agenda Description and Status
of Current Issues Meeting Materials and Minutes Proposed Codification Updates and
Comment Letters Meetings Available by Audio
Webcast and Telephone Recent Staff Announcements Issues Grouped by Type Effective Dates of Recent
Consensuses Full Text – Abstracts - Standards
-
About
FASBFacts About FASB Our Mission Our Independent Structure Our Rules of Procedure Our Standards-Setting Process Our People Financial Accounting Foundation FASAC Additional Information /
Contacting the FASB Articles, Reports, and Presentations Government Affairs and
External Relations 2010 Annual Report Careers Contact Us Directions, Transportation and Area
Hotels -
Advisory
Groups -
News
Center -
FASB
XBRL - FASB
Store
Standards
Summary of Statement No. 2
Accounting for Research and Development Costs (Issued 10/74)
Summary
This Statement establishes standards of financial accounting and
reporting for research and development (R&D) costs. This
Statement requires that R&D costs be charged to expense when
incurred. It also requires a company to disclose in its financial
statements the amount of R&D that it charges to expense.
Additional Details