Problem
1) An explanation of the issues discussed in the document,
2) The FASB position on the issue including the FASB arguments supporting their position,
3) Discuss any opposing positions
4) Discuss your position for or against the FASB position and explain why.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.