FAS 157 by any other name would be … FASB ASC Topic 820, but for those who still need guidance for all the standards in the FASB’s codification project, the Financial Accounting Foundation (FAF) has just released a new print edition of the Board’s Accounting Standards Codification®, “the single, authoritative source of U.S. Generally Accepted Accounting Principles (U.S. GAAP) for public and private companies, and not-for-profit organizations,” according to the accompanying release.
Auditors and valuation analysts and can use the new, four-volume bound edition of the Accounting Standards Codification® as a reference tool in conjunction with its continually updated, online version, available at asc.fasb.org.