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Goodbye GAAP - CFO Magazine - April 2008 Issue - CFO.com - The Diigo Meta page

www.cfo.com/...10919122 - Cached - Annotated View

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Dahowlett bookmarked on 2008-04-07 gaap ifrs
  • One of the densest thickets of generally accepted accounting principles is revenue recognition. By one tally, more than 160 pieces of authoritative literature relate to how and when companies record revenue. Now, however, U.S. and international accounting authorities are taking a scythe to the rules.

This link has been bookmarked by 1 people . It was first bookmarked on 07 Apr 2008, by Dennis Howlett.

  • 07 Apr 08
    • One of the densest thickets of generally accepted accounting principles is revenue recognition. By one tally, more than 160 pieces of authoritative literature relate to how and when companies record revenue. Now, however, U.S. and international accounting authorities are taking a scythe to the rules.