SFAS 116 and 117 Executive Summary

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Resources: Statements of Financial Accounting Standards (SFAS) 116 and 117; sample Executive Summary, which is attached.

Write a 700-word summary assessing the requirements of SFAS 116 and 117 and its effect on the financial statements.

Refer to the sample Executive Summary for instructions on how to format your assignment.

Format your paper consistent with APA guidelines.

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