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ED : Revenue Recognition - What will be the potential impact of this new accounting standard?

I started this discussion on the linkedIN group, however, I also want to get a different perspective from you all.

Please let me know your comments as to what do you expect changing as it relates to your business OR relating to some clients you service OR some of the interesting aspects of the standard that others might have overlooked.

Also please feel to share any interesting articles / white papers that are out there on this topic and share them with the group.  Let's make use of collective wisdom here to tackle of the most complex standards that is going to hit us all.

Reference URL:


Topic Expert
Sunil Thukral
Title: Controller/Technical Accounting Advisory..
Company: Consultant
(Controller/Technical Accounting Advisory/ SEC Reporting, Consultant) |

Here are some of the useful links:

Here is the link to the exposure draft from the FASB's website.....

Good review of the issue by Sarah Deans at Citi Click here for the document - that provides a good summary overview of the standard:


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