Status, summary and text of statements now free of charge.

• Position: FASB News; Financial Accounting Standards Board - Brief Article

FASB has given accountants an early holiday gift--the status, summary and text of all rules and regulation statements will be available online for free.

Statements will be presented as PDFs, so Adobe Acrobat software will be required.

In the past, practitioners have complained about the fee-based access to rules and...