Cherry Bekaert Responds to GASB Invitation to Comment on Revenue and Expense Recognition
June 11, 2018
On behalf of Cherry Bekaert Partners, David Bettler, CPA, responded to the Governmental Accounting Standards Board’s (“GASB”) Invitation to Comment, Revenue and Expense Recognition. The comment letter includes the Partners’ answers to the Invitation to Comment questions, such as whether or not the Partners believe the performance obligation/no performance obligation model would be appropriate for classifying transactions and recognizing revenue and expense.
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June 11, 2018