Financial Reporting

HFMA comments on FASB proposed ASU Revenue Recognition (Topic 605)

Published October 17, 2012 5:29 pm | Updated November 7, 2022 8:35 am

HFMA’s P&P Board comments on FASB’s exposure draft of the proposed Accounting Standards Update Revenue Recognition (Topic 605), Revenue from Contract with Customers, which would affect any entity that enters into contracts with customers unless those contracts are in the scope of other standards (for example, insurance contracts or lease contracts).

Download the comment letter

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