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STAFF AUDIT PRACTICE ALERT NO 8 - PCAOB

STAFF AUDIT PRACTICE ALERT NO 8 - PCAOB

pcaobus.org

Staff Audit Practice Alert No. 15 October 5, 2017 Page 6 The new revenue standard provides two transition options for applying the new standard (full or modified retrospective application).19 A full retrospective application requires the recasting of prior year financial statements as if the new standard

  Practices, Standards, Staff, Alert, Audit, Pcaob, Staff audit practice alert

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