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Grant Thornton calls on IASB to delay 2017 revenue recognition start date

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LONDON--(BUSINESS WIRE)--As the International Accounting Standards Board (IASB) meets today to discuss the 2017 implementation date for new global revenue recognition rules, Grant Thornton is asking the accounting board to delay implementation, as a global business survey finds that many businesses are not expecting to be ready by 2017. Grant Thornton’s International Business Report, a survey of 2,580 businesses in 35 economies found only 25% expect to be ready for implementation by 2017. In th

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