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these question the FASB ASC is not the sole authoritative source for all U.S. GAAP 1. what are the major goals of the FASB ASC?

these question the FASB ASC is not the sole authoritative source for all U.S. GAAP 1. what are the major goals of the FASB ASC? 2. HOw is the FASB ASC expected to improve the practive of accounting 3. what literature is now contained in the FASB ASC? 4. what should an accountantat do if the guidance for a particular transaction or events is not specified within the FASB ASC

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