Unformatted text preview: fragments. Those fragments were then
reassembled into the topically organized, hierarchical structure of the Codification.
Beyond being substantially reorganized, the initial Codification content differed from
pre-Codification standards in several ways: Pre-Codification pronouncements were not taken into the Codification in their
entirety nor was their internal structure necessarily preserved. Many nonsubstantive editorial changes were made to the Codification content
after it had been assembled from pre-Codification sources. Since being derived from pre-Codification standards, the Codification content has
changed significantly and continues to change. As you have seen in previous lessons, ASUs
are the primary sources of post-Codification changes. The “Cross Reference” Feature of the System
Even though pre-Codification pronouncements are no longer authoritative, they still
serve as meaningful points of reference for many accounting professionals who had become
very familiar with them when they were authoritative. For such individuals, the System has a
―Cross Reference‖ feature that enables users to trace specific Codification content to its preCodification sources and vice-versa. In addition, since July 1, 2009, ASUs have updated the
Codification content and are included in the ―Cross Reference‖ feature.
The ―Cross Reference‖ feature is accessible from every page in the System via the
―Cross Reference‖ link near the top of each page. Clicking the link will display the ―Cross
Reference‖ page, as shown in the following screen image. Lesson 14: Cross Referencing Codification Content and Its Sources 137 The ―Cross Reference‖ page enables you to cross-reference Codification content and
its sources in either of two ways: ―By Codification‖ or ―By Standard.‖ You cross-reference
―By Codification‖ to identify sources of Codification content. Conversely, you crossreference ―By Standard‖ to identify where source content is currently...
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- Fall '09
- ........., Financial Accounting Standards Board