Devry acct540 week 1 homework assignment

Homework Assignment

Access the FASB website (.fasb.org/”>www.fasb.org). Hover your mouse to the standards tab, and on its drop-down menu, click on the pre-codification standards. Thoroughly read the last four standards issued. Describe each standard and what it added to the existing authoritative accounting literature. Please write 1 page (12-point, double spaced) on each standard.