Question
You are working in the codification and you notice a pending content box with transition information that provides that nonpublic companies must transition to the
You are working in the codification and you notice a pending content box with transition information that provides that nonpublic companies must transition to the pending content for the years ending after December 15, 2017. Which of the following companies may not have prepared for their annual financial statements yet with the pending content?
a. A nonpublic company with a calendar year
b. A nonpublic company with a 52/53 week fiscal year ending on the last day in December
c. A nonpublic company with a fiscal year ending on January 31st
d. A nonpublic company with a fiscal year ending on February 28th
e. A nonpublic company with a fiscal year ending on November 30th
*assignment on FASB codification (accounting research and analysis course)
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