Accounting Series Releases (ASRs) were official publications issued by the U.S. Securities and Exchange Commission (SEC).

They were used to:

Provide guidance on accounting and auditing matters

Announce SEC policies

Clarify financial reporting requirements for companies

ASRs helped ensure uniform and transparent financial reporting in the U.S. capital markets.

In simple terms, Accounting Series Releases were official SEC announcements explaining accounting rules and reporting requirements.