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IASB and FASB create transition resource group to help entities implement revenue standard

  • IFRS - IASB Image
  • FASB (US Financial Accounting Standards Board) (lt blue) Image

Jun 03, 2014

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have announced the formation of a Joint Transition Resource Group (TRG) that will focus on potential implementation issues associated with their new revenue recognition standard.

For more information, see the press release on the IASB's website.

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