Briefly explain primary advantages of having a codification

Assignment Help Accounting Basics

Reference no: EM131532586

Discussion: "FASB Codification and Careers in Accounting"

Please respond to the following:

• Throughout this course you have utilized the FASB codification to research the authoritative guidelines for accounting transactions. Briefly explain the primary advantages of having a codification of generally accepted accounting principles. Also, recommend two areas where the FASB can improve codification.

Reference no: EM131532586

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