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Sooner, Not Later

FASB gives companies that sell bundled products a break on the timing of revenue recognition.

November 1, 2009

Ahead of sweeping changes slated for all revenue-recognition rules in 2011, the Financial Accounting Standards Board threw some companies a bone in October by tweaking two parts of the current rules that could help many companies recognize more revenue earlier, potentially amplifying year-end earnings. Read more...

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