oct10pre - 3. Describe the disclosure requirements. 1....

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E 3-13 FASB codification research The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted accounting principles. Required: 1. Obtain the relevant authoritative literature on the disclosure of accounting policies using the FASB’s Codification Research System at the FASB website (www.fasb.org). Identify the topic number that provides guidance on information contained in the notes to the financial statements. 2. What is the specific citation that requires a company to identify and describe in the notes to the financial statements the accounting principles and methods used to prepare the financial statements?
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Unformatted text preview: 3. Describe the disclosure requirements. 1. Obtain the relevant authoritative literature on the disclosure of accounting policies using the FASBs Codification Research System at the FASB website (www.fasb.org). Identify the topic number that provides guidance on information contained in the notes to the financial statements. 2. What is the specific citation that requires a company to identify and describe in the notes to the financial statements the accounting principles and methods used to prepare the financial statements? 3. Describe the disclosure requirements....
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This note was uploaded on 11/20/2011 for the course FINANCE 640,722 taught by Professor Chabiyo,reeves during the Fall '11 term at Ohio State.

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oct10pre - 3. Describe the disclosure requirements. 1....

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