Examine selected current issues from the Financial Accounting Standards Board (FASB) that may impact CPAs in industry. These issues may be new issues, updates to older issues, and/or changes expected to face the profession in the future. Every FASB accounting standards has changed or been modified since July 2009 when the Accounting Standards Codification (ASC) took place. Since 2009 there have been over 113 new standards either issued or modified. Who, what, when, and where will be examined on selected, important changes for the professional.
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