FASB Codification Resources

The one stop for everything about the Codification project.

This is a public Emerging Topic  public

About this Emerging Topic

On July 1, 2009, the Financial Accounting Standards Board (FASB) instituted a major change in the way accounting standards are organized. On that date, the FASB Accounting Standards Codification™ (FASB Codification) became the single official source of authoritative, nongovernmental U.S. generally accepted accounting principles (U.S. GAAP). Now, only one level of authoritative U.S. GAAP exists, other than guidance issued by the Securities and Exchange Commission (SEC). All other literature will be non-authoritative.

As part of its educational mission, the Financial Accounting Foundation (FAF), the oversight and administrative body of the FASB, in a joint initiative with the American Accounting Association (AAA), is providing faculty and students in accounting programs at post-secondary academic institutions with the Professional View of the online FASB Codification.

This group will help you to keep up to date with the rapidly changing issues related to teh FASB Codification; to develop timely classroom materials; and to keep up with evolving research in the area. 

Content in this group includes research papers, teaching resources, and content from our professional partners.

The photo used for this group is titled "Globe" and was taken by One Good Bumblee.  It is available through Flickr and is being used under the Creative Commons license.