FASB Codification SystemAccess the FASB Online website and familiarize yourself with the contents.
Write a 350- to 700-word paper in which you answer the following questions:
What is the FASB Codification System?
What is the purpose of the FASB Codification System?
What are the nine content areas located in the FASB Codification System? What types of items are located under each content area?
THE BOOK WE ARE USING IN CLASS -Schroeder, R.G., Clark, M. W., & Cathey, J. M. (2013). Financial accounting theory and analysis: text and cases, (11th Ed.). Hoboken, NJ: John Wiley & Sons.