Intermediate accounting

You will be using EDGAR (http://www.sec.gov/edgar.shtml) and the FASB codification system to research a company’s financial statements and to research a proposed accounting standard for the current or prior year (asset-type transactions only). You will be creating financial accounting information and commenting on the proposal you selected as it applies to the company you selected.
Week 1 Writing Project Part 1:
Find a proposed standard from the current or prior year that is related to this course (asset-type transactions only) in the FASB Codification system. Prepare a 2-3 page summary of the FASB proposal highlighting what changed, why, and the potential impact on the financial statements and disclosures.

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