Write a summary of the document

An explanation of the issues discussed in the document,
The FASB position on the issue including the FASB arguments supporting their position,
Discuss any opposing positions
Discuss your position for or against the FASB position and explain why
Instrucitions
The body of this paper should be 2-3 pages (not including cover page, abstract or references) but not more than 4 pages.
This research paper requires a minimum of two scholarly references: academic journals, professional journals, and/or appropriate authoritative references such as FASB Codification System, COSO, COBIT, Audit Standards, etc.
Be sure to provide specific examples throughout your paper to back up your statements
All research papers are submitted in APA format for sources and citations.