Definitions for "FASB 13"
Financial Accounting Standards Board Statement No. 13, "Accounting for Leases." FASB 13, along with various amendments and interpretations, specifies the proper classification, accounting and reporting of leases by lessors and lessees.
Statement of Financial Accounting Standards No. 13 issued by the Financial Accounting Standards Boards. This statement sets forth the generally accepted accounting procedures for lessor and lessee accounting and financial statement reporting.
Financial Accounting Standards Board Statement No. 13, "Accounting for Leases." FASB 13 contains specific guidelines for proper classification, accounting and reporting of lease transactions.