The fasb accounting standards codification

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Reference no: EM13753308

The FASB Accounting Standards Codification

a. Expanded the GAAP hierarchy.

b. Includes guidance on state and local governmental accounting.

c. Is the single authoritative source of U.S. GAAP.

d. Increases the risk of noncompliance with GAAP.

Reference no: EM13753308

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The fasb accounting standards codification : The FASB Accounting Standards Codification

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