Generally Accepted Accounting Principles (United States)
Report Card Time for Private Company Council
The Financial Accounting Foundation is seeking input on how well the council has addressed the needs of private company financial statement users.
IASB Member Sees Revenue Rule Delay As Inevitable
"It's pretty obvious there's going to have to be a deferral," says IASB member Patrick Finnegan.
FASB Nearing Decision on Delaying Revenue Rule
Companies are telling FASB that they need more time to redesign their practices and systems to implement the revenue recognition standard.