I have this discussion question for school saying "In Statement of Financial Accounting Concepts No. 1, “Objectives of Financial Reporting by Business Enterprises,” the Financial Accounting Standards Board presents the objectives of financial reporting."" about "three major objectives of financial reporting." Everyone in my class seems to have had no problem locating this wherever they found it. The all have it referenced as "FASB (2008). Statement of Financial Accounting Concepts No. 1: Objectives of Financial Reporting by Business Enterprises," I feel like an idiot cause I can find anything online about it or with 2008. I am not looking for an answer to a question just where in the world this thing can be found so I can read about it. Thanks.
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You can access it here, click Accept to enter:
http://www.fasb.org/pdf/aop_CON1.pdf