1. What is the section number of the FASB Accounting Standards Codification Related-Party Disclosures Topic?

2. The current FASB Accounting Standards Codification(ASC) system/format dates to 2009. Before that FASB Accounting Standards consists of Statements of Financial Accounting Standards (SFAS). For the most part there have not been major changes in the substance of GAAP, but the two systems are different in how they organize GAAP. What is the style/format difference between the pre-2009 SFAS and the post-2009 ASC?

3. What was the SFAS number that addressed related-party transactions?

4. Do you prefer the pre-2009 system of SFAS (statements) or do you prefer the ASC (codification) and why? (The rules are the same, just in a different format).