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FASB Staff Paper Assists With Franchise Revenue Recognition

November 5, 2018 The Financial Accounting Standards Board (FASB) recently announced the release of an educational FASB staff paper that provides implementation examples to help private company franchisors preparing to implement the revenue recognition standard in 2019.

FASB Improves Private Company Consolidation Relief

October 31, 2018 The Financial Accounting Standards Board (FASB) recently issued an Accounting Standards Update (ASU) that reduces the cost and complexity of financial reporting associated with consolidation of variable interest entities (VIEs).