This assignment will expose you to the FASB Codification.(The FASB statements still exist and we will make reference to them in the course; however, as of September 15, 2009, reference to the FASB pronouncements should be made using the codification system.This method of finding and referencing the pronouncements is similar to the system used to reference the Internal Revenue Code.)Your assignment is to spend some time looking at the FASB Codification and answering some questions about it.I could give you easy instructions on how to find this information but I want you to use your logic skills and common sense to figure that out.

1. XXX YY ZZ is an example of a Codification reference. Describe briefly what each part of the reference means.

2. What is XBRL?A CPA exam question.

3. Find and report the code cites and or descriptions of the following.

a. What does 105-10-10-1 refer to?

b, Where would you find the definition of a Not-for-Profit entity?

c. Oil and Gas Inventory Subsequent Measurement, what is the codification cite?

d. What does code section 910-605-25 refer to?

e. What do you find under 932-740-05?

f. What section deals with R&D expenses?

g. What does 605-924-25-3 refer to?