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On May 27th, the FASB issued the long awaited new standard on revenue
recognition. This new standard (principle-based approach) will be
applied across all industries and will require a five-step model in
order to recognize revenue from customer contracts. This new standard
will replace all existing US GAAP and will require significant
management judgment in its application. This webinar will provide an
overview of the new standard along with a discussion on management’s
implementation considerations.
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