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The three primary goals of the codification are "simplify user access by codifying all authoritative U.S. GAAP in one spot, ensure that the codification content accurately represented authoritative U.S. GAAP as of July 1, 2009, and to create a codification research system that is up-to-date for the released results of standard-setting activity."
Software developed for internal use except software developed by (or for the benefit of) the taxpayer primarily for the taxpayer's use in selling, general, and administrative expenses and limited to financial management functions, human resources management functions, and support service functions.
ASC X9, responsible for standards for the financial services industry; ASC X12, responsible for standards for business-to-business electronic data interchange; Aeronautical Systems Center, inactivated Air Force product center; Airflow Sciences Corporation, an engineering consulting company in Livonia, Michigan
Generally Accepted Accounting Principles (GAAP) [a] is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC), [1] and is the default accounting standard used by companies based in the United States.
The SOC 2 Audit provides the organization’s detailed internal controls report made in compliance with the 5 trust service criteria. It shows how well the organization safeguards customer data and assures them that the organization provides services in a secure and reliable way.
The Accredited Standards Committee X12 (also known as ASC X12) is a standards organization.Chartered by the American National Standards Institute (ANSI) in 1979, [2] it develops and maintains the X12 Electronic data interchange (EDI) and Context Inspired Component Architecture (CICA) standards along with XML schemas which drive business processes globally.
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The United States Army Sustainment Command (ASC) is the primary provider of logistics support to units of the United States Army. It is a major subordinate command of United States Army Materiel Command (AMC). Four types of command authority can be distinguished: [1]