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| Section | Objectives |
|---|---|
| Assets and Liabilities Accounting | - Leases (ASC 842) - Liabilities and contingencies - Fixed assets and intangible assets - Cash, receivables, and inventory |
| Governmental and Not-for-Profit Accounting | - Not-for-profit financial reporting - Governmental fund accounting |
| Equity, Investments, and Business Combinations | - Business combinations and consolidations - Stockholders' equity - Bonds and debt instruments |
| Specialized Accounting Topics | - Accounting changes and error corrections - Pensions and post-employment benefits - Foreign currency transactions |
| Financial Statements and Transactions | - Balance sheet and statement of cash flows - Income statement and comprehensive income - Revenue recognition (ASC 606) |
| Conceptual Framework and Financial Reporting | - FASB conceptual framework - Financial statement presentation - Disclosure requirements |
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