Unit7HomeworkAssignment.docx – Assignment:
Unit 7 Homework Assignment
E 18–2 FASB codification research; reporting other comprehensive income in shareholders’ equity
Companies are required to transfer “other comprehensive income” each period to shareholders’ equity. The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted accounting principles. Obtain the relevant authoritative literature on reporting other comprehensive income in shareholders’ equity using the FASB Accounting Standards Codification at the FASB website (www.fasb.org) and select Basic View for free access.
What is the specific nine-digit Codification citation (XXX-XX-XX-XX) that describes the guidelines for reporting that component of shareholders’ equity?
What is the specific nine-digit Codification citation (XXX-XX-XX-XX) that describes the guidelines for presenting accumulated other comprehensive income on the statement of shareholders’ equity?
Is this the question you were looking for? Place your Order Here
DO YOU NEED HELP WITH THIS ASSIGNMENT ?
At LindasHelp.com , I can take care of all your academic needs including your individual & learning team papers & power points, your Accounting, Finance, Math and QNT labs, sheets, quizzes, discussion questions and Final exams. All the work I complete for you is guaranteed to be 100% original, plagiarism free, edited, APA formatted and just ready for you to add your name on it.
Leave a Reply