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ACC 497 Week 1 Individual Assignment FASB Codification System Orientation Paper

Resources: FASB Codification System website accessible through the FASB Online link located on your student website

Access the FASB Online website and familiarize yourself with the contents.

Write a 350-word paper in which you answer the following questions:

·   What is the FASB Codification System?

·   What is the purpose of the FASB Codification System?

·   What are the nine content areas located in the FASB Codification System? What types of items are located under each content area?

Format your paper consistent with APA guidelines.