FASB Proposes Improvements to Accounting for Acquired Revenue Contracts With Customers in Business Combination
December 15, 2020
December 15, 2020
NORWALK, Connecticut, Dec. 15 -- The Financial Accounting Standards Board issued the following news release:
The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) intended to address inconsistency and diversity in practice related to the accounting for revenue contracts with customers acquired in a business combination. Stakeholders are encouraged to review and share input on the proposed ASU by March 15, 2021.
Current . . .
The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) intended to address inconsistency and diversity in practice related to the accounting for revenue contracts with customers acquired in a business combination. Stakeholders are encouraged to review and share input on the proposed ASU by March 15, 2021.
Current . . .