Discuss new resource fasb codification

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Reference no: EM131775991

FASB Codification Case

Throughout our course, we have studied GAAP.  GAAP has been organized into FASB Codification.  You will choose on the cases below and perform research of a topic using the FASB Codification

Requirements:

  1.   Set up Free Access to FASB Codification

A.  Choose: Order Professional or Basic View on the right hand side

B.      Scroll down to the Bottom of the Page

C.      Click 'Select" underneath  "FASB Accounting Standards Codification®

Basic View - Free Access"

  1. Follow through the progressive screens to set up your free access.
  2. Using your new resource, FASB codification, research an accounting topic from the last below.
  3. Choose  a Case from the list below

FASB Codification Cases

   

Case

Page

Topic

Research Case 3-9

165

Related Party Disclosures

Research Case 4-5

223

Restructuring Costs, Exit or Disposal Costs and Obligations

Research Case 5-10

299

Reporting revenue as a principal or an agent

Research Case 7-11

422

Financing with receivables

Research Case 8-11

475

Product financing arrangement

Research Case 10-2

580

Restoration Costs, asset debt retirement

In Memorandum format, prepare a response to all the questions in your case.  In your response, include an overview of the FASB codification and your experience using the Basic Access to the FASB Codification in completing your case.

Please review CCBC's Code of Conduct.  Any sources will be referenced using APA format.

Please review the rubric for grading information.

Reference no: EM131775991

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