The FASB publications are core tools of the accounting profession. As texts in the accounting classroom, they aim to offer ways to solve unstructured problems, challenge students to think critically about the standard setting process, learn research skills, and become familiar with professional accounting tools. The FASB "Current Text" is a topical integration of currently effective accounting and reporting standards. Material is drawn from FASB Statements of Financial Accounting Standards and FASB Interpretations, AICPA Accounting Research Bulletins and APB Opinions. Topics are arranged alphabetically in sections that are grouped into two volumes. Volume I ("General Standards") contains those standards that are generally applicable to all enterprises. Volume II ("Industry Standards") contains specialized standards that are applicable to not-for-profit organizations and enterprizes operating in specific industries.