• February 10th, 2017

Week 7 Assignment 2

Paper , Order, or Assignment Requirements

Write a three to four (3-4) page paper in which you:
Evaluate the risks of moving from rules-based accounting standards process to
principles-based process related to revenue recognition.
The principles for revenue recognition will impact some industries more than
others. Evaluate the industries most likely to be impacted by the converged
accounting guidelines in this area and suggest how these changes should be
communicated to shareholders.

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