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No. 201009
February 2010Subsequent Events (Topic 855)Amendments to Certain Recognition and
Disclosure Requirements FAST Accounting Standards Codification is the source of authoritative
generally accepted
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What is fasb accounting standards codification?
FASB Accounting Standards Codification (ASC) is a single source of authoritative nongovernmental U.S. generally accepted accounting principles (GAAP).
Who is required to file fasb accounting standards codification?
Public and private companies that follow U.S. GAAP are required to file FASB Accounting Standards Codification.
How to fill out fasb accounting standards codification?
Filling out FASB Accounting Standards Codification involves referencing the specific sections and topics within the codification and applying them to financial reporting.
What is the purpose of fasb accounting standards codification?
The purpose of FASB Accounting Standards Codification is to provide a centralized resource for all U.S. GAAP standards, making it easier to research and apply accounting principles.
What information must be reported on fasb accounting standards codification?
Companies must report financial information in accordance with the relevant U.S. GAAP standards found in the FASB Accounting Standards Codification.
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