Identify the roles and objectives of fasb and iasb

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Revenue recognition is a joint project of financial accounting standard board and international accounting standard board.

1. Identify the roles and objectives of FASB and IASB?.

2. What are the main reasons for this joint project under taken by FASB and IASB?

3. state some critics by individuals and professional bodies in this joint project?

Reference no: EM13685269

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