Week 6

To successfully complete this discussion, you will need to go to the FASB website and search for information on revenue recognition.

In a post of no more than two to three paragraphs, please directly address the following:

• Analyze at least two major differences regarding revenue recognition between IFRS and GAAP.
• Recommend one strategy to resolve such differences.
  • Support your recommendation with at least two examples of the successful implementation of this strategy.