Vote boosts move to new IFRS and FASB standard on revenue recognition

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Vote boosts move to new IFRS and FASB standard on revenue recognition

Ralph Cunningham
November 13 2013
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The road to a new global financial accounting standard for revenue recognition got shorter last week after the Financial Accounting Standards Board (FASB) voted to authorise the preparation of a final version of its work. The International Accounting Standards Board (IASB) is set to follow next week.

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Ralph Cunningham
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Ralph Cunningham worked at ITR between 2004 and 2018 and is now a freelance journalist.
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