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Research Case 1-3 (page
45)
The purpose of this
case is to introduce you to the information available on the website of the
Financial Accounting Standards Board (FASB).
Required:
Access the FASB home
page on the Internet. The web address is www.fasb.org. Answer the following
questions.
1. Describe the mission of the FASB.
2. Who are the current Board members? Briefly
describe their backgrounds.
3. How are topics added to the FASB’s
technical agenda?
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