SEC content released onto the FASB Accounting Standards Codification

California CPA, May, 2008

The Financial Accounting Standards Board has released selected portions of SEC staff content onto the FASB Accounting Standards Codification (http://asc.fasb.org/home) for reference by public companies. The Codification does not change the SEC content; rather it includes the content reorganized into roughly 90 accounting topics to more closely align with the non-SEC content.

Learn more at http://fasb.org/news/nr040308.shtml.> [ILLUSTRATION OMITTED]

COPYRIGHT 2008 California Society of Certified Public Accountants
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