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FASB votes for one-year delay of revenue standard

Contents
Current reporting issue
     Accounting for bridge debt settled in a variable number of ‘next round’ shares
FASB
     Board votes for one-year delay of revenue standard
     Other highlights of July 9 meeting posted
AICPA publishes guidance on updates to lawyers’ audit response letters
PCAOB seeks comments on disclosing names of audit engagement partner and other audit participants
COSO publishes white paper on leveraging COSO framework
OMB releases 2015 Compliance Supplement

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