Moving towards principles-based accounting standards: The impact of the new revenue standard on the quality of accrual accounting
The new revenue standard (ASU 2014-09, codified in ASC 606 and ASC 340-40) establishes a comprehensive framework on accounting for contracts with customers and replaces most existing revenue recognition rules. The new guidance removes the inconsistencies and weaknesses of legacy guidance, while is m...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2023
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| Online Access: | https://ink.library.smu.edu.sg/etd_coll/462 https://ink.library.smu.edu.sg/context/etd_coll/article/1460/viewcontent/GPAC_AY2018_PhD_Huiyu_HE.pdf |
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| Institution: | Singapore Management University |
| Language: | English |