Use the FASB Codification to locate archived FASB Statement of Financial Accounting Standards No. 100....
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Use the FASB Codification to locate archived FASB Statement of Financial Accounting Standards No. 100. What does it discuss? What reasons were given for this deferral? What finally happened to SFAS No. 96? Is this an example of how the FASB at times modifies its position by listening to constituent comments? Why or why not? Do you think constituent input into the FASBs due process adds value, or does it put the FASB in the middle of a political process that may limit the neutrality of FASBs standards? Explain your answer.
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