Showing posts with label Fraud; Auditing Terminology. Show all posts
Showing posts with label Fraud; Auditing Terminology. Show all posts

Friday, August 06, 2010

Convergence Milestone

Revenue recognition among proposals released as FASB, IASB commit to new timeline.FASB and the IASB wrapped up the first of three rounds of issuing proposed standards in their final push toward U.S. GAAP-IFRS convergence, even as they gave themselves an extra six months to complete the ambitious project.