In this unit we have examined the FASB Accounting Standards Codification System, which seeks to provide comprehensive access to U.S. GAAP. This access can be important in conducting research related to accounting issues involving U.S. GAAP. In this assignment you will evaluate the importance of the FASB Accounting Standards System for conducting research in accounting. You will also develop three hypothetical research scenarios in which you would use the FASB Accounting Standards Codification System in research. The research scenarios should meet the following parameters: One scenario should involve research for recommending a particular accounting treatment for a corporate client. One scenario should involve research for the development of a scholarly publication in a peer reviewed accounting journal. One scenario should involve research for evaluating the economic implications of a particular accounting standard. Submit your evaluation and the three hypothetical scenarios as one paper. Please remember the importance of communicating in a manner that is scholarly, professional, and consistent with expectations for members of the business community.