p. 339. Revise the chapter featuring list with the following:
19.1 Financial Accounting Standards Board
(a) Establishment of Accounting Rules
(b) Interaction with AcSEC
(c) FASB's Conceptual Framework
(d) FASB's Not-for-Profit Standards
(e) The FASB Accounting Standards Codification™ (ASC) (New)
(f) Using the Codification (New)
Appendix 19-A New FASB Statements of Financial Accounting Standards That Affect Not-for-Profit Organizations (New)
p. 340. Delete the second paragraph and replace with: “This chapter discusses the process by which accounting standards are created as well as expected future developments.”
p. 340. First paragraph, first sentence. Insert “for all U.S. entities” after “body.”
p. 340. First paragraph, second sentence. Add “s” to the end of “successor.”
p. 340, first paragraph. Delete the last sentence.
p. 340. Delete the second paragraph.
p. 341. Continue the deletion of the partial first paragraph ...