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: revenue recognition

FASB, IASB Completed Redeliberations On Revenue Recognition Exposure Draft
FASB an IASB completed redeliberations on their joint Exposure Draft on revenue recognition during their June 13-15 meting. Read about the revisions in this Defining Issues by KPMG.
FASB Exempts Private Cos. From Certain Revenue Recognition Disclosure Requirements
At its June 8 board meeting, FASB decided to exempt private companies from certain disclosure requirements in its upcoming standard on revenue recognition.
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