Completing the assignment below is not a requirement for gaining a certificate at the end of the course. However, in order to make the most of the course, we do recommend that you attempt to answer the question. Your instructor will review and grade your submission and anyone achieving a minimum score of 70% will receive an Assignment Master badge. Complete all assignments in the course and become an Assignment Champion!

To answer the assignment question, will need to click on the ADD SUBMISSION button at the bottom of the page (not available on this demo) and start composing their response. There is also an option to save your work and submit it later.

Assignment Question:

The Financial Accounting Standards Board was established because many groups interested in financial reporting believed that the Accounting Principles Board was not effective. Discuss the apparent advantages that the FASB should have over its earlier counterpart, the APB.