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FASB Codification System
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Access the FASB Online website and familiarize yourself with the contents.
Write a 350- to 700-word paper in which you answer the following questions:
· What is the FASB Codification System?
· What is the purpose of the FASB Codification System?
· What are the nine content areas located in the FASB Codification System? What types of items are located under each content area?
· THE BOOK WE ARE USING IN CLASS -Schroeder, R.G., Clark, M. W., & Cathey, J. M. (2013). Financial accounting theory and analysis: text and cases, (11th Ed.). Hoboken, NJ: John Wiley & Sons.
Format your paper consistent with APA guidelines.
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[Solved] FASB Codification System
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- Submitted On 20 Aug, 2017 04:40:49
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- Good_Morning
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The FASB Codification System was created in 2009 to be “the official source of authoritative nongovernmental U.S. generally accepted accounting principles” (FASB, 2009.). The system reorganized the U.S. GAAP pronouncemen...
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