Revenue Recognition continues to be a hot topic. Finally, the result of the joint project between the FASB and the IASB to update and consolidate accounting standards for revenue recognition into one global standard is just about here. While there is time before companies have to issue financial statements under the new standard, firms will soon need to act. Here's a very insightful article from our friends at RoseRyan that we couldn't resist sharing. [Read more...]
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