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.
bow tie ( bow ties plural ) , bow-tie A bow tie is a tie in the form of a bow. Bow ties are worn by men, especially for formal occasions. cup tie ( cup ties plural ) , cup-tie In sports, especially football, a cup tie is a match between two teams who are taking part in a competition in which the prize is a cup.