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FASB ASC Guide > FASB ASC 915

The Financial Accounting Standards Board (FASB) released Accounting Standards Codification 915 (ASC 915) to address topics related to companies in the stages of development. These companies usually engage in activities such as raising capital, research and development, exploring for revenue streams, as well as many others. A development stage entity has not reached its fullest, mature stage of sustainable business yet and still has many risks involved with its operations.

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