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Guidance proposed on principal vs. agent considerations

Contents
FASB
     Board issues proposed guidance on principal versus agent considerations
     Highlights of August 31 meeting posted
          Narrow-scope improvements and practical expedients for new revenue standard
          Board endorses PCC consensuses
     Proposed 2016 GAAP Financial Reporting Taxonomy released
PCAOB publishes brief on inspection program for broker-dealer auditors
GASB adds project to revisit blueprint of governmental financial statements

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