New on the Horizon: Revenue recognition for food,... | KPMG | CN

New on the Horizon: Revenue recognition for food, drink and consumer goods companies

New on the Horizon: Revenue recognition for food,...

In June 2010 the International Accounting Standards Board and the US Financial Accounting Standards Board published a joint exposure draft on revenue recognition that could significantly impact the accounting for, and the presentation of, revenue by food, drink and consumer goods companies if implemented in its current form.

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