Synthetic vision system. A modern synthetic vision system produced by Honeywell. A synthetic vision system (SVS) is a computer-mediated reality system for aerial vehicles, that uses 3D to provide pilots with clear and intuitive means of understanding their flying environment.
Financial Accounting Standards Board. The Financial Accounting Standards Board (FASB) is a private, non-profit organization standard setting body whose primary purpose is to establish and improve generally accepted accounting principles (GAAP) within the United States in the public's interest.
In 2010, the FASB and the IASB issued two chapters of a revised conceptual framework. For the FASB, they were issued as a part of FASB Concepts Statement No. 8, Conceptual Framework for Financial Reporting. These chapters became effective as soon as they were issued and now form part of the FASBâs existing Conceptual Framework.