Compare the old and new fasb revenue rule

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1. The FASB and IASB jointly approved a new revenue recognition standard. Explain the key elements of the new FASB standard. Elaborate on which item and how to change. (at least 350 words)

2. The FASB and IASB jointly approved a new revenue recognition standard. Compare and assess the new revenue standard in relation to the FASB conceptual framework of accounting. Elaborate on which item and how to change. (at least 350 words)

3. The FASB and IASB jointly approved a new revenue recognition standard. Compare the old and new FASB revenue rule. Elaborate on which item and how to change. (at least 350 words).

Reference no: EM131873126

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