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As a staff member of Swobe, Deal, and Grace, CPAs, you have been asked to prepare a report on the FASB Accounting Standards Codification) that

As a staff member of Swobe, Deal, and Grace, CPAs, you have been asked to prepare a report on the FASB Accounting Standards Codification) that will be circulated to all staff as part of the firm's continuing educa-tion program. It has been suggested that the report should cover why and how the Codification has come about and how and when to use it. You may also include other aspects of the topic you believe to be important. Write the report as r

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