Accounting Research Bulletins

Accounting Research Bulletins (ARBs) were authoritative guidelines issued by the American Institute of Accountants from 1939 to 1959. They provided detailed instructions and principles to standardize accounting practices across businesses, particularly in areas not explicitly covered by existing standards or laws. ARBs aimed to improve the consistency, transparency, and reliability of financial reporting. While they were influential for their time, they were eventually replaced by more formalized standards from organizations like the Financial Accounting Standards Board (FASB). Overall, ARBs helped shape modern accounting practices by clarifying complex accounting issues.