The new revenue recognition standard that converges U.S. GAAP with IFRS will have a sweeping impact on how companies recognize and report on revenue, and replaces previous standards and guidance in this area. To help you navigate these complex changes, Bloomberg Tax released a special report that offers an in-depth analysis of the new revenue recognition standard. This report also includes helpful charts throughout and the the top 10 most important things you need to know about the new guidance.
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