Mind the GAAP and Wipfli have responded to the FASB’s proposal to introduce a revenue recognition practical expedient for nonpublic franchisors. While we generally favor efforts to simplify existing accounting guidelines, we do not support moving forward with this specific project.
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Recent Posts
FASB Considering Incorporating IFRS Rules on Government Grants
Mind the GAAP Issues Joint Comment Letter on FASB Common Control Leases Proposal
New Disclosures of Supplier Finance Program Obligations
Mind the GAAP and Wipfli Issue Joint Comment Letter on Accounting for Government Assistance
What is the Conceptual Framework and Why Should I Care?
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