IAS Plus newsletter — Discussion paper proposes new basis for revenue recognition

Published on: 29 Jan 2009

In December 2008, the International Accounting Standards Board (IASB) published for public comment a discussion paper (DP) entitled Revenue Recognition in Contracts with Customers.

The DP represents the first step jointly with the US Financial Accounting Standards Board (FASB) in the development of a new, converged Standard on this subject.

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