FASB ASC 405 - Liabilities

FASB ASC Guide > FASB ASC 405

The Financial Accounting Standards Board (FASB) released the 400 section of the Accounting Standards Codification for the purpose of discussing the broad topic of Liabilities. Accounting Standards Codification 405 (ASC 405) was released to address the more general topic of liabilities and give an introduction to more specific topics within the 400 section.

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