United States

FASB Finalizes Technical Corrections to Revenue Standard

Dec 22, 2016
From the Financial Reporting View

This edition of Defining Issues reports that the FASB recently issued an Accounting Standards Update (ASU) that provides disclosure relief, and clarifies the scope and application of the new revenue standard and related cost guidance. This ASU represents the last expected standard-setting activity on this topic before the revenue standard becomes effective.  

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