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New revenue standard: complying with the Independence rules

Sep 18, 2019 · 242.9 KB Download

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Part of the CPEA ASC 606: Revenue Recognition Series

Significant changes in accounting standards present opportunities and expectations for auditors to help clients understand, implement, and transition to the new rules. As detailed in many CPEA reports, Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers, codified primarily in FASB Accounting Standards Codification (FASB ASC) 606, introduces broad and deep changes that affect all entities, whether public, private, or not-for-profit (NFP).

The applicable independence rules, and the degree to

Download the CPEA report: New revenue standard: complying with the Independence rules

File name: cpea-report-september-2019-new-revenue-standard-complying-with-the-independence-rules.pdf

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