23 Nov FASB codification

FASB codification Throughout this course you have utilized the FASB codification to research the authoritative guidelines for accounting transactions. Briefly explain the primary advantages of having a codification of generally accepted accounting principles. Also, recommend two (2) areas where the FASB can improve codification. ? From the e-Activity (http://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm), briefly summarize the outlook of future jobs in the accounting field. Give your opinion on the type of skills that will be needed to accounting fulfill the jobs in the future. Also, discuss the manner in which you will prepare yourself for a job in the accounting field. ? ..Answer preview Codification of the principles of accounting helps in the simplification of the access of the acceptable principles by the authorities. Codification involves the restructuring of the accounting reporting and standards. There are three major goals of codification one being the simplification of the access of codes by the authorities.. ? APA 321 words ? ? Related Questions: You are the owner and CEO of group homes that serve those with mental impairments Accounting 350 Cost Accounting FASB Codification and Careers in Accounting Accounting 4 : Closing process Auditing in Government Organizations LIBRARY RESEARCH ASSIGNMENT