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.
A striped bow tie. The bow tie /ËboÊ/ is a type of necktie. A modern bow tie is tied using a common shoelace knot, which is also called the bow knot for that reason. It consists of a ribbon of fabric tied around the collar of a shirt in a symmetrical manner so that the two opposite ends form loops.