After releasing its proposal to delay its revenue recognition rule back in April, the IASB received 100 comment letters and "virtually all" of them supported the idea. Today, they went ahead and pushed it back to 2018. Happy?
CONVERGADOPT OR ELSE!
This is happening, people.
This is becoming more dramatic than my last unhealthy relationship.
FINE! We didn't want to converge with you anyway.
Tell us how you really feel.
It's like Hands Across America but with accounting rules and there are Europeans involved.
Only a bloody Dutchman.
To an even more literal extent, that is.