Boards Revise Timing of Revenue Recognition and Leases Exposure Drafts

Published on: 30 Sep 2011

The FASB and IASB have revised the timing for their revenue recognition and leases exposure drafts (EDs). Under the revised timing, the revenue recognition ED is expected to be published in November 2011 and the leases ED is expected to be published in the first quarter of 2012.

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