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and the Section
Links feature. LESSON SUMMARY The more familiar you are with the Codification’s standardized Sections, the
faster you will be able to find answers to your research questions. The Codification includes all authoritative FASB guidance on financial
accounting and reporting. The Codification includes relevant portions of SEC guidance on financial
accounting and reporting. The SEC guidance that is included in the Codification applies only to entities
that are SEC registrants. It does not apply to other entities. The distinction between FASB and SEC guidance is made at the Section level of
the Codification content’s hierarchy. SEC guidance is also distinguished visually
within Section content. Within most Sections, Codification content is organized hierarchically into
Subsections, paragraph groups, paragraphs, and subparagraphs. Several key features of the System are available only at individual Section pages.
These features include the ARCHIVE and WHAT LINKS HERE tabs and the
―Section Links‖ feature. Lesson 3: Working with Section-Level Content 32 REINFORCE YOUR LEARNING
Use the System as needed to help you determine the correct answers to these questions.
Q1: With regard to Subtopic 10, Overall, of Topic 505, Equity:
a. How many FASB Sections does the Subtopic contain?
b. How many SEC Sections does the Subtopic contain?
Q2: What are the titles of the Subsections in Section 30 of Subtopic 10 of Topic 845?
Q3: In the Subsequent Measurement Section of the Defined Benefit Plans—Other
Postretirement Subtopic of the Compensation—Retirement Benefits Topic:
a. What is the title of the paragraph group that contains the paragraph labeled ―35129‖?
b. What is the title of the paragraph group that is the ―parent‖ of the paragraph group
titled Prior Service Costs?
c. What is the title of the Subsection that contains the paragraph labeled ―35-167‖? Exercise
E1: In the System, navigate to the landing page for Subtopic 10, Overall, of...
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- Fall '09
- ........., Financial Accounting Standards Board