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E 3-13 FASB codification researchThe FASB Accounting Standards Codification represents the single sourceof authoritative U.S. generally accepted accounting principles.Required:1. Obtain the relevant authoritative literature on
E 3-13 FASB codification researchThe FASB Accounting Standards Codification represents the single sourceof authoritative U.S. generally accepted accounting principles.Required:1. Obtain the relevant authoritative literature on the disclosure ofaccounting policies using the FASB's Codification Research System at theFASB website(www.fasb.org). Identify the topic number that provides guidance oninformation contained in the notes to the financial statements.2. What is the specific citation that requires a company to identify anddescribe in the notes to the financial statements the accounting principlesand methods used to prepare the financial statements?3. Describe the disclosure requirements,
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