Priority Areas to Evaluate for the New Revenue Recognition Standard (Accounting Today) - For professionals in the accounting and finance professions, any changes to accounting standards usually lead to some apprehension as these rules require companies to make key adjustments, expand disclosure practices and implement new procedures for recording various financial metrics.
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FASB considers slowdown in standard setting (Journal of Accountancy) - As he prepares to start the second of his two three-year terms as FASBâs chairman, Russell Golden said the board has gotten the message that the pace of change needs to slow down.