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FASB Exposure Draft of the Proposed Accounting Standards Update Business Combinations Topic 805 Clarifying the Definition of a Business

Wednesday, January 20, 2016

The Financial Reporting Committee (FRC) of IMA (Institute of Management Accountants) submitted a letter to provide feedback to the Financial Accounting Standards Board (FASB) for their proposed accounting standards update for business combinations: clarifying the definition of a business.


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