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Master FASB Codification Research in 7 Minutes!

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Today we will talk about the Financial Accounting Standards Board Codification and Codification Research System.
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Recommended videos:
The textbook used in this video: Intermediate Accounting, Kieso ● Weygandt ● Warfield, 17th edition. Chapter 1.
Timeline:
00:00 Introduction
00:19 Introduction to GAAP, FASB, and FASB Accounting Standards Codification (ASC)
02:13 FASB Codification Research System (CRS)
02:46 How to Properly Cite GAAP: Topics, Subtopics, Sections, and Paragraphs in the CRS
03:36 How to Properly Cite GAAP: Example FASB ASC 310-10-35-47
05:20 How to Access FASB Codification Research System
06:02 How to Navigate CRS: Example FASB ASC 310-10-35-47
06:48 Recommended Videos
American Modern School of Accounting is a nonprofit online vocational school that offers several programs helping adult learners to start or advance their careers in bookkeeping and accounting.
We offer the following programs:
• Certificate in Computerized Accounting with QuickBooks
• Certificate in Computerized Bookkeeping with QuickBooks
• Certificate in Computerized Bookkeeping with QuickBooks (Budget Plan)
#AccountingStandardsCodification, #ASC, #FASB, #FinancialAccounting, #IntermediateAccounting, #GAAP, #FASBCodification, #CodificationResearchSystem, #CRS, #ASCTopic, #AmericanAccountingAssociation, #FinanciaAccountingStandardsBoard, #FASBCodificationFramework, #Database
⬇️⬇️⬇️
Recommended videos:
The textbook used in this video: Intermediate Accounting, Kieso ● Weygandt ● Warfield, 17th edition. Chapter 1.
Timeline:
00:00 Introduction
00:19 Introduction to GAAP, FASB, and FASB Accounting Standards Codification (ASC)
02:13 FASB Codification Research System (CRS)
02:46 How to Properly Cite GAAP: Topics, Subtopics, Sections, and Paragraphs in the CRS
03:36 How to Properly Cite GAAP: Example FASB ASC 310-10-35-47
05:20 How to Access FASB Codification Research System
06:02 How to Navigate CRS: Example FASB ASC 310-10-35-47
06:48 Recommended Videos
American Modern School of Accounting is a nonprofit online vocational school that offers several programs helping adult learners to start or advance their careers in bookkeeping and accounting.
We offer the following programs:
• Certificate in Computerized Accounting with QuickBooks
• Certificate in Computerized Bookkeeping with QuickBooks
• Certificate in Computerized Bookkeeping with QuickBooks (Budget Plan)
#AccountingStandardsCodification, #ASC, #FASB, #FinancialAccounting, #IntermediateAccounting, #GAAP, #FASBCodification, #CodificationResearchSystem, #CRS, #ASCTopic, #AmericanAccountingAssociation, #FinanciaAccountingStandardsBoard, #FASBCodificationFramework, #Database
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