Bloomberg BNA has released “Navigating the New Road to Revenue Recognition,” a detailed overview of the new revenue recognition standard, along with guidance on how companies can prepare for its application.
Last week, the Financial Accounting Standards Board and the International Accounting Standards Board released a converged standard on revenue recognition. The new report has been made available to all subscribers to the Bloomberg BNA Financial Accounting Resource Center, the Accounting Policy & Practice Report, and Bloomberg Law and is available for download.
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