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New Revenue-recognition Model by Lori Olsen; Thomas R. Weirich is a Business, Management and Accounting article available to read on EtoBox.

What is New Revenue-recognition Model about?

## Abstract On June 24, 2010, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued a joint exposure draft on revenue recognition. It marks a significant step toward international convergence. But the new revenue model may have a significant impact on the way some entities recognize revenue—and new disclosure guidance as to the amount, timing, and uncertainty of revenues and cash flows arising from customer contracts. Therefore, cash and treasury management should carefully analyze the impact that this new model can have on their particular entity. The authors explain how to apply the new model. © 2010 Wiley Periodicals, Inc.

Who reads New Revenue-recognition Model?

It is typically read by researchers, students, and practitioners in Business, Management and Accounting.

Author
Lori Olsen; Thomas R. Weirich
Publisher
John Wiley and Sons; Wiley (John Wiley & Sons); Wiley (ISSN 1044-8136)
Published
2010
Language
EN
Field
Business, Management and Accounting (Social Sciences)

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