If a company provides a pre-existing accounting rules for accounting of similar federal government grants, it should typically apply it.

If a company provides a pre-existing accounting rules for accounting of similar federal government grants, it should typically apply it. But if there’s maybe not a preexisting bookkeeping policy and/or offer just isn’t comparable to grants received before, borrowers should thoroughly give consideration to using an unit that could faithfully illustrate the nature and substance […]

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