FASB Codification Case

Throughout our course, we have studied GAAP. GAAP has been organized into FASB Codification. You will choose on the cases below and perform research of a topic using the FASB Codification

Requirements:

1. Set up Free Access to FASB Codification

Go to https://asc.fasb.org/

A. Choose: Order Professional or Basic View on the right hand side

B. Scroll down to the Bottom of the Page

C. Click Select underneath FASB Accounting Standards Codification

Basic View Free Access

1. Follow through the progressive screens to set up your free access.
2. Using your new resource, FASB codification, research an accounting topic from the last below.
3. Choose a Case from the list below

FASB Codification Cases
Case	Page	Topic
Research Case 3-9	165	Related Party Disclosures
Research Case 4-5	223	Restructuring Costs, Exit or Disposal Costs and Obligations
Research Case 5-10	299	Reporting revenue as a principal or an agent
Research Case 7-11	422	Financing with receivables
Research Case 8-11	475	Product financing arrangement
Research Case 10-2	580	Restoration Costs, asset debt retirement

1. In Memorandum format, prepare a response to all the questions in your case. In your response, include an overview of the FASB codification and your experience using the Basic Access to the FASB Codification in completing your case.
2. Please review CCBCs Code of Conduct. Any sources will be referenced using APA format.
3. Please review the rubric for grading information.