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    FASB Approves Accounting Rule Change - Apple To Adopt Changes Soon

    AndyAndy Posts: 1,127
    via Wordpress in iPhoneHacks.com
    imageFASB Approves Accounting Rule Change - Apple To Adopt Changes Soon

    The Financial Accounting Standards Board (FASB), the entity that is responsible for setting accounting standards in United States, voted this week on a proposal to move to a new accounting principle. The result was a thumping 5-0 verdict in favor of the change which is seen as a major boost...

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