ACC 4100: FASB Accounting Standards Codification and IFRS - Prof. Chu

Information on how to cite references to the Codification

How to Cite the FASB Codification - From the FASB Notice to Constituents

The Notice to Constituents has information on how to cite the FASB Codification of Accounting Standards:

  • Broad references in footnotes (see page 21)
    • Detailed references in other documents (see page 22) in the Notice to Constituents:

    Citation Example in Journal Article

    The first sentence in  An Update on Accounting for Uncertainty in Income Taxes (O'Dell and Glotzer (Dec. 2009), Journal of Accountancy, 208(6), 45+),  
     gives an example of citing to the Codification and referring to the former FASB interpretation.                                                                               

    Citing and Referring to the FASB Accounting Standards Codification (ASC)

    • Ask your professor if there is citation style (APA, MLA, Chicago) that is preferred.

    Citations to the new Codification are to the paragraph(s) level, following this format: ASC XXX=Topic, YY=Subtopic, ZZ=Section, PP=Paragraph 


    Some resources may cite further, to the subparagraph level

      Where do you find this information?

    •    In the Codification: the topic, subtopic, section, and paragraph are given, as in the following example relating to ASC 605 =Topic Revenue Recognition, 50 Customer Payment and Incentives=Subtopic, 45 =Section, 1=paragraph   See attached document

    Examples of Citations to FASB Accounting Standards Codification (ASC) from the Securities and Exchange Commission


    The Securities and Exchange Commission (SEC) offers guidance on citing the Codification

    FASB Tutorials on Printing/Copy & Paste

    Baruch accountancy students and faculty with access to the FASB Accounting Standards Codification-Professional View-Academic Access may find using the "Printing with Sources" feature to be very helpful in preparing citations or references.


    See the short FASB tutorial on Printer Friendly/Copy & Paste