Archive for May 2015

Implementation of new revenue recognition accounting standards set to be delayed.

This article is courtesy of David Chopping from Moore Stephens. Proposals to push back by 12 months the implementation dates for new international accounting standards covering revenue recognition will have implications for many companies, including those in the shipping industry. On April 28, 2015 the International Accounting Standards Board (IASB) tentatively decided to defer by…

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