The AICPA’s FinREC has certainly been busy. Last fall, in addition to the goodwill practice aid, the committee released Assets Acquired to be Used in Research and Development Activities for public comment. On Thursday, February 9, David Dufendach (Grant Thornton), a member of the FinREC task force that developed the guidance, will present The State of IPR&D: Examining the AICPA Exposure Draft, an hour-long discussion of the draft, its contents and current feedback, including how practitioners can participate in the comment process.
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