Corporate Revenues Are Going to Change

Posted on May 30, 2014 | Dividend Investing

The manner in which many corporations report sales is going to change. This week, the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) agreed on a proposal for when companies should recognize revenues. The change resolves what had been a mix of various rules. Here is how the IASB and FASB described it:

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