FASB Codification Resources

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FASB Codification Teaching Materials

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    Members of the American Accounting Association can use the AAACommons to share and discover teaching resources including assignments, videos, and presentation files (and see them when looking at this page).  However, to maintain control over these resources, we are not able to share them with anyone who is not a registered academic member of the AAA.  If these resources would help you, please click here to learn more about becoming a member.

    FASB Codification Posts by our Partners

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      FAF and AAA Provide

      Academic Access to
        FASB Codification for Accounting Faculty and Students

      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.

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