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Accounting Roundup: Year in Review — 2015

Published on: Dec 18, 2015

Welcome to the 2015 edition of Accounting Roundup: Year in Review. Key developments that occurred in 2015 included the following:

  • The FASB’s issuance of a number of standards as part of its simplification initiative.
  • The one-year deferral of the effective date of the FASB’s and IASB’s joint standard on revenue recognition, Revenue From Contracts With Customers.
  • The FAF’s completion of its three-year review of the PCC.
  • The GAO’s release of a report on the SEC’s rule on conflict minerals.
  • The SEC’s issuance of rules on crowdfunding and pay ratio disclosures.

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