FAR Section: Converged revenue recognition standards not to be tested until January 1, 2018. The AICPA Board of Examiners has decided that IFRS 15, Revenue from Contracts with Customers, will not be tested in the FAR section of the CPA Exam until January 1, 2018.
noun. 1  The definition of a tie is something that connects or bonds two or more people or things together. An example of a tie is two people being blood-related. 2  Tie is defined as a long narrow finished piece of fabric worn around the neck and under the collar of a button-down shirt.
Definition of 'tee'. tee (tiË ) In golf, a tee is a small piece of wood or plastic which is used to support the ball before it is hit at the start of each hole. On a golf course, a tee is one of the small flat areas of ground from which people hit the ball at the start of each hole. tee1 (tiË )