The Financial Accounting Standards Board (FASB) has redefined revenue recognition as “the transfer of promised goods or services A customers in an amount that reflects the consideration A which the entity expects to be entitled in exchange for those goods or services.” FASB ASU No. 2014-09.
Briefly describe how IFRS guidelines for recognizing revenue differ from U.S. GAAP guidelines. Then, select a U.S. publicly traded company, locate the most recent annual report, and discuss how the company measures and reports revenue. You should select a company that has not been selected by a peer.
leep loss of motion gives off an impression of being a rest issue that has existed for a long time and in various societies. The first assumed recorded occurrence of rest loss of motion dates to antiquated Samira (Jalal and Hinton, 2015). Accounts of rest loss of motion have been found in numerous particular societies from that point forward, showing up in stories from Ancient Egypt to a Dutch chief's sign in 1664 (Cox, 2015) This gives rest loss of motion the outward presentation of being an all inclusive mental turmoil. Nonetheless, on the grounds that specialists center fundamentally around looking at rest loss of motion as a cutting edge distress, little research has been directed on rest loss of motion in non-western societies. Indeed, even less examinations look at the side effects of rest loss of motion in various populaces to discover any difference or likenesses. With other mental clutters showing themselves in discrete ways crosswise over societies, it may not be right to expect that rest loss of motion is knowledgeable about an all inclusive way. It is conceivable that what a culture accepts about mental disarranges has the likelihood to change how the psychological issue shows itself. Strategies A few investigations led independently are inspected and contrasted with one another. The investigations were picked as agent tests of particular societies inside various nations. Everything except two examinations were directed upon college matured understudies. The examinations were perused inside and out, clarified, and investigated. A rundown of rehashing side effects of rest loss of motion was made and used to basically assess the sources as a dependable method to difference and think about the occurrences of the rest issue. Results Generally speaking, it was discovered that rest loss of motion happens reliably crosswise over societies notwithstanding uncontrollably shifting conviction frameworks. Basic frameworks incorporate weight upon the chest, failure to move, powerlessness to talk, pipedreams, and the impression of a gatecrasher inside the room. In any case, rates of fantasies, inconvenience breathing, and fatalities were connected to societies that had been educated to fear occurrences of rest loss of motion as an otherworldly assault. End These discoveries seem to exhibit that rest loss of motion is generally uniform crosswise over culture and crosswise over time. Its appearance is comparable paying little mind to culture, recommending that it is essentially organic issue. Nonetheless, the translation of rest loss of motion is profoundly reliant upon culture. These translations impact the measure of dread one can have over occurrences of rest loss of motion and maybe has the ability of transforming rest loss of motion into a lethal encounter.>GET ANSWER