By subscribing to FASQ, you can go one step beyond WG&L's renowned accounting and financial reporting analysis and go directly into FASB’s Accounting Standards Codification™, and also access a complete library of prior statements, standards, and other supporting material.

The FASB Accounting Standards Codification™ (FASB ASC) is a complete reorganization of all of the separate GAAP standards into one topically structured body of authoritative guidance.

FASB ASC is the sole source of authoritative U.S. accounting and reporting standards for all nongovernmental entities, superseding all existing non-SEC accounting and reporting standards. The FASB ASC did not materially change any existing principles, but it will require financial professionals to familiarize themselves with the new organization and numbering system of the new codified standards.