current methods (section 3) vs estimation methods (section 5)
Can you please clarify how the 2 methods discussed in Section 3 relate to the 2 methods discussed in Section 5? TIA
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Can you please clarify how the 2 methods discussed in Section 3 relate to the 2 methods discussed in Section 5? TIA
Comments
Section 3 presents the methods that were in use by companies, both for SAP and for GAAP, prior to the titular FASB changes to GAAP. Section 5 presents the two proposed methods to use in order to comply with the changes made to GAAP.