DIRECTIONS Step 1Conduct internet research for these two topics: Financial Accounting Standards Board (FASB) and Foreign bond market Step 2Conduct internet research that identifies at least 3...

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DIRECTIONS Step 1Conduct internet research for these two topics: Financial Accounting Standards Board (FASB) and Foreign bond market Step 2Conduct internet research that identifies at least 3 websites for each topic that discuss or involve the topic you have chosen. Include a last page for your website references (at least 6 websites) and format them in APA style. See the document that describes how to format. Step 3Write a paragraph of at least 10 sentences for each topic summarizing what the websites show related to your topic. Be sure to supply citations in the paragraph (in APA format) that refer to the websites you have found. Avoid using quotes as these will NOT count toward the 10 sentence minimum. When you finish this assignment, you will have two topics. For each topic you will have at least 2 websites you researched. For each topic you will have at minimum of 10 sentences to summarize the websites. This means you will have two topics with two websites each with one paragraph of 7 sentences minimum for each topic. Minimum: 2 topics, six websites, 2 10 sentence paragraphs, reference page in APA format
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Answered Same DayApr 10, 2021

Answer To: DIRECTIONS Step 1Conduct internet research for these two topics: Financial Accounting Standards...

Khushboo answered on Apr 17 2021
158 Votes
FASB AND FOREIGN BOND MARKET
FASB AND FOREIGN BOND MARKET        3
FROM: KHUSHBOO MURARKA
FASB AND FOREIGN BOND MARKET
DATE: 14/04/2019
1. Financial Accounting Standard Board (FASB):
Financial Accounting Standard Board (FASB) is an independent organization which was established in 1973 and is responsible for implementation and development of generally accepted accounting principles for the entities in the United States (USA). FASB was replaced and took the position of Accounting Principle Board. All the entities in USA are following the standards developed and maintained by FASB and these standards are officially recognized by various authorities such as American Institute of Certified Public Accountants (AICPA) and Securities and Exchange Commission (SEC).
FASB recognized the accounting standards as Accounting Standard Codification (ASC) with effect from 1st July 2009. FASB is a part of larger non-profit group that includes the Governmental Accounting Standard Board (GASB), the Financial Accounting Standards Advisory Council (FASAC) and Financial Accounting Foundation (FAF). All these organization have different roles and responsibilities in different areas. The mission of FASB is to provide improved financial accounting and reporting standards which will help and...
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