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ms500
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Posted: 14 Apr 2010 at 18:55 \| IP Logged

Hi

can some one confirm, whether following are the correct Hierarchy of Sources of GAAP

B- Accounting Research Bulletin
O-Accounting Principles of Board Opinions
S-FASB statements of financial accounting Opinion
S-FASB Staff positions
I-FASB Interpretation
I-FASB statement 133 Implementation

thanks

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jpeek1
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Posted: 14 Apr 2010 at 19:07 \| IP Logged

That's correct. You got it!

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ms500
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Posted: 14 Apr 2010 at 19:26 \| IP Logged

jpeek1 wrote:

That's correct. You got it!

thanks jpeek

it means the changes in 2009 july and earlier 2007 are the same

pls clarify

thanks

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jpeek1
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Posted: 14 Apr 2010 at 19:54 \| IP Logged

This is what the 2010 Becker book states:

B - Accounting Research Bulletins
O - Accounting Principles Board Opinions
S - FASB Statements of Financial Accounting Standards
S - FASB Staff Positions
I - FASB Interpretations
I - FASB Statement Implementation Issues

Hope this clarifies.

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ms500
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Posted: 14 Apr 2010 at 22:06 \| IP Logged

Hi jpeek1

thanks for further clarifying, you have latest 2010 material, so I can go with that

tks

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