Financial Accounting Standards Board and Equipment codes: Difference between pages

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{{Orphan|date=October 2006}}

The '''Financial Accounting Standards Board''' is a major organization to develop Generally Accepted Accounting Principles in the [[United States]] ([[US generally accepted accounting principles|US GAAP]]) along with [[Securities and Exchange Commission|SEC]], [[AICPA]], and [[GASB]]. It was created in [[1973]] and replaced its predecessor, the Accounting Principles Board and the Committee on Accounting Procedure of the American Institute of Certified Public Accountants, which was the former's predecessor. The federal organization is responsible for maintaining independent standards in accounting, the powers of which come from the Congress. Some of work is evaluating how financial workers should handle [[stock option]]s. The board's current (2004) chairman is [[Robert H. Herz]].

'''Introduction'''

<p>

==See also==

An equipment code describes the transponder and/or navigation capability of aircraft. The equipment code is is usually designated as a one-character suffix to the aircraft type in block 3 of the FAA flight plan form. Air traffic controllers (ATC) issue clearances based on filed suffixes, therefore it is important for pilots to use the appropriate suffix. For example, if a desired route requires GPS, then the pilot should file /G, even if the aircraft also qualifies for other suffixes. Pilots are recommended to file the maximum capability of their aircraft in the equipment suffix.

*[[FASB Interpretation Number]] (FIN)

</p>

*[[Financial Accounting Standards]] (FAS)

'''List of Aircraft Equipment Codes'''

===Issues===

*[[Pooling of interests]]

*[[Stock option expensing]]

'''NO DME:'''<br>

===Associations===

/X No transponder<br>

* [[IASB]]

/T Transponder with no Mode C<br>

/U Transponder with Mode C<br>

== External links ==

<br>

* [http://www.fasb.org/ FASB Official Website]

<br>

'''DME:'''<br>

[[de:Financial Accounting Standards Board]]

/D No transponder<br>

[[Category:Accounting]]

/B Transponder with no Mode C<br>

/A Transponder with Mode C<br>

<br>

<br>

'''TACAN ONLY:'''<br>

/M No transponder<br>

/N Transponder with no Mode C</br>

/P Transponder with Mode C<br>

<br>

<br>

'''BASIC RNAV:'''<br>

/Y LORAN, VOR/DME, or INS with no transponder<br>

/C LORAN, VOR/DME, or INS, transponder with no Mode C<br>

/I LORAN, VOR/DME, or INS, transponder with Mode C<br>

<br>

<br>

'''ADVANCED RNAV WITH TRANSPONDER AND MODE C:'''<br>

/E Flight Management System (FMS) with DME/DME and IRU position updating<br>

/F FMS with DME/DME position updating<br>

/G Global Navigation Satellite System (GNSS), including GPS or Wide Area Augmentation System (WAAS), with en route and terminal capability.<br>

/R Required Navigational Performance (RNP). The aircraft meets the RNP type prescribed for the route segment(s), route(s) and/or area concerned.<br>

<br>

<br>

'''RVSM (Reduced Vertical Separation Minimum):'''<br>

/W RVSM<br>

/J RVSM + /E<br>

/K RVSM + /F<br>

/L RVSM + /G<br>

/Q RVSM + /R<br>

<br>

<br>

''Source: Airman's Information Manual, Chapter 5.''