You will be using EDGAR and the fasb codification system to research a companys financial statement and to research a proposed accounting standards for the current or prior year( liability and equity type transaction only). You will be creating financial accounting information and commenting on proposals you selected. Prepare a 2 page analysis discussing if you think this Fasb proposal is a good idea now that you have seen the impact on the financial statement. The proposed standards I selected are 470-10-65-1 and 323-10-15-12
