Frank Reynolds is a controller researching an accounting issue and finds relevant information in an industry publication that prescribes a particular accounting treatment. Frank's research also reveals that the Codification indicates that a different approach is more appropriate. Which guidance should Frank follow and why?

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The Answer of Frank Reynolds is a controller researching an accounting issue and finds relevant information in an industry publication that prescribes a particular accounting treatment. Frank's research also reveals that the Codification indicates that a different approach is more appropriate. Which guidance should Frank follow and why?

Frank Reynolds Is a Controller Researching an Accounting Issue and Finds