Describe the core principle of the standard

Reference no: EM1332346

Instructions: a. Discuss the core principle of the standard

Instructions:
a. Discuss the core principle of the standard and whether or not you are in agreement with the proposed standard.
b. Discuss how you believe U. S. companies will react to the proposed changes.
c. Assume you are working as a Certified Public Accountant. Discuss how you would prepare your clients to adopt the proposed changes to revenue recognition.

Reference no: EM1332346

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