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WebJan 22, 2024 · Based on the different views provided, the FASB staff believes that Topic 740 is not clear as it relates to the accounting for GILTI, and an entity may apply either interpretation of Topic 740. The staff believes that an entity must disclose its accounting policy related to GILTI inclusions in accordance with paragraphs 235-10-50-1 through 50-3. Web2 days ago · Ernst & Young’s top leaders told partners Tuesday that it would halt its nearly yearlong effort to break the firm into two after the US affiliate decided not to take part. … homeopathy \u0026 herbal
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