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  3. a. what are the major goals of the fasb asc?   b

a. What are the major goals of the FASB ASC?   b. How is the FASB ASC...

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Accounting

a. What are the major goals of the FASB ASC?  

b. How is the FASB ASC expected to improve the practice ofaccounting?  

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3.8 Ratings (423 Votes)
aThe goals of FASB ASC are as follows 1To Simplify the user access by codifying all authoritative US GAAP by making available all the authoritative content at one place ie in one spot in order to give an assurance that the codification content accurately represented the authoritative US GAAP 2 The    See Answer
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a. What are the major goals of the FASB ASC?  b. How is the FASB ASC expected to improve the practice ofaccounting?  

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