Finally I received a reply from NASBA about my 6 month free subscription to online professional literature .
This is the reply
You need to submit another Request Form.
Go to www.cpa-exam.org
Move your mouse over PREPARE FOR THE EXAM
Scroll down to Access to Prof Literature and Click on it
Under the paragraph describing the Online Access, there is a link Click here to subscribe
This will take you to the Professional Literature Request form
Only use your current Exam Section ID#
Fill out the rest of the form as specified and Submit
I overlooked the information when I browsed these websites. I sent my request hope this information helps you too.
For direct link click here
GAAP Hierarchy
When preparing financial statements in accordance with Generally Accepted Accounting Principles (GAAP) there may be times when GAAP standards do not specifically address your situation, and other times, there might be conflicting standards. To make matters worse, the growing body of complex standards has resulted in standards overload. These facts make it difficult to determine which standard to follow. As an accountant, remember that the Statement of Accounting Standard Number (SAS) 69 establishes a hierarchy to follow. SAS 69 establishes five levels of GAAP; the highest level in the hierarchy that specifically addresses the issue establishes GAAP. The five levels of hierarchy for nongovernmental entities are:
Level A Financial Accounting Standards Board (FASB) Statements of Financial Standards
FASB Interpretations
APB Opinions
AICPA Accounting Research Bulletins (ARBs).....
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