FAF Updates FASB and GASB Codification Print Editions

The Financial Accounting Foundation has published updated print editions of the Financial Accounting Standards Board’s FASB Accounting Standards Codification and the Governmental Accounting Standards Board’s Codification of Governmental Accounting and Financial Reporting Standards.

The FASB Codification provides an authoritative source of U.S. GAAP for public and private companies and not-for-profit organizations. The GASB Codification is an authoritative source of GAAP for state and local governments.

The new four-volume bound edition of the FASB Codification contains all of the content in the online Codification as of Oct. 31, 2015. The annual bound edition of the FASB Codification functions as a reference tool in conjunction with the always current online Codification available at https://asc.fasb.org.

The edition includes an alphabetical listing of all the topics referenced in the FASB Codification—with their related starting page numbers—at the beginning of each volume, for more effective use. The annual bound edition of the FASB Codification can be ordered online at the FASB Store for $240.

The two-volume bound edition of the GASB Codification contains all of the content in the online Codification as of June 30, 2015, and integrates Implementation Guide No. 2015-1 according to the simplified GAAP hierarchy described in GASB Statement No. 76, The Hierarchy of Generally Accepted Accounting Principles for State and Local Governments.

The annual bound edition of the GASB Codification offers a reference tool in conjunction with GASB Statements and Implementation Guides issued after June 30, 2015. GARS online can be accessed at https://gars.gasb.org. The annual bound edition of the GASB Codification can be ordered online at the GASB Store for $110.

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