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:
- 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"
- Follow through the progressive screens to set up your free access.
- Using your new resource, FASB codification, research an accounting topic from the last below.
- Choose a Case from the list below
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FASB Codification Cases
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Case
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Page
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Topic
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Research Case 3-9
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165
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Related Party Disclosures
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Research Case 4-5
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223
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Restructuring Costs, Exit or Disposal Costs and Obligations
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Research Case 5-10
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299
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Reporting revenue as a principal or an agent
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Research Case 7-11
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422
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Financing with receivables
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Research Case 8-11
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475
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Product financing arrangement
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Research Case 10-2
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580
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Restoration Costs, asset debt retirement
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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.