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As we’ve highlighted in Part 1 and Part 2 of this 3 part Mind the GAAP series, beginning in 2018, changes in accounting for structured loyalty programs (i.e. points, miles, stars, etc.) may have significant potential impacts on your company’s financial performance. If you missed those earlier installments, we encourage you to take a few minutes to skim through them. For those who want the quick summary, new accounting rules went into effect in 2018, requiring all US....
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