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FASB Weighs Delaying New Revenue Rule
2014-11-18 21:38:27| IT Services - Topix.net
Companies may get additional time to prepare for implementation of the new accounting standard on recognizing revenue from contracts with customers . The Financial Accounting Standards Board and the International Accounting Standards Board had set a Jan. 1, 2017, implementation date for companies filing under GAAP, while those using IFRS have an option to adopt the standard earlier.
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Category:Information Technology
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