Requirements Using the FASB Codification In this case, LinkedIn and Microsoft followed GAAP. Your task is to identify the exact part of the FASB codification that contains the applicable rules. For each question, cite the section number, and cut and paste the rule into your answer. What section of the codification requires? 5. Income from an acquired subsidiary should be reported by the acquirer from the date of acquisition onwards 6. A pro forma disclosure is required by an acquirer of revenues and income as if the acquisition had occurred as of the first day of the prior year. 7. Changes in accounting principles should be reflected retrospectively, by restating prior years