UPDATE 1-U.S. board may delay sweeping accounting rule change for revenue

April 2, 2015 8:37 AM

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* Global IASB to consider delay to its rule later in April (Adds IASB reaction)

NEW YORK, April 1 (Reuters) - The board that sets accounting rules for U.S. public companies proposed on Wednesday a one-year delay in sweeping new rules that would change the way companies recognize revenue, one of the most important numbers in corporate financial statements.

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