verification phase

By Anonymous
Publication: California CPA
Date: Saturday, March 1 2008

FASB

FASB Begins Standards Codification

FASB has launched its one-year verification phase of the FASB Accounting Standards Codification, during which time constituents can research accounting issues for free and provide feedback on whether the Codification content reflects U.S. GAAP for

nongovernmental entities. Users are advised that Codification content is not yet considered authoritative.

Learn more at http://fasb.org/news/ nr011508.shtml.

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