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Addressing Implementation Matters to Improve Financial Reporting

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Sep 21, 2017

On September 21, 2017, the Securities and Exchange Commission (SEC) released a speech by Sagar Teotia, Deputy Chief Accountant, where he discusses the implementation of the new GAAP standards, specifically revenue recognition, leases, and measurement of credit losses on financial instruments.

In the speech, Mr. Teotia speaks to the important role that preparers, auditors, and audit committees have in achieving the implementation of these standards.

Review the speech on the SEC's website.

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