Financial Accounting Standards Board Accounting Standards Codification: Implications for Access |
| |
| Authors: | Janene R Finley Wayne E Finley |
| |
| Institution: | 1. Augustana College , Rock Island, Illinois;2. Northern Illinois University , DeKalb, Illinois |
| |
| Abstract: | On July 1, 2009, the Financial Accounting Standards Board officially adopted the Accounting Standards Codification as the sole source of generally accepted accounting principles. The codification is available online, and users may either subscribe to the free Basic View or purchase the Professional View. Although both views provide access to the same content, the Professional View contains more features than the Basic View and provides a significant increase in usability. This article compares the features within the Professional and Basic Views and discusses the implications of access for librarians, researchers, faculty, and students. |
| |
| Keywords: | FASB Codification GAAP accounting standards access |
|
|
