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Difference between revenue recognition standards

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Reference no: EM133234385

There are differing revenue recognition standards between the U.S. Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards (IFRS).

  • Select one difference between revenue recognition standards under U.S GAAP and the IFRS.
  • Discuss the difference in detail, concluding on which standard you think is most appropriate and why.

Reference no: EM133234385

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