Write a summary of the document


  • An explanation of the issues discussed in the document, 
  • The FASB position on the issue including the FASB arguments supporting their position, 
  • Discuss any opposing positions
  • Discuss your position for or against the FASB position and explain why
  • Instrucitions
  • The body of this paper should be 2-3 pages (not including cover page, abstract or references) but not more than 4 pages.
  • This research paper requires a minimum of two scholarly references: academic journals, professional journals, and/or appropriate authoritative references such as FASB Codification System, COSO, COBIT, Audit Standards, etc.
  • Be sure to provide specific examples throughout your paper to back up your statements
  • All research papers are submitted in APA format for sources and citations.