The Accounting Policy & Practice Report ® provides financial accounting policy makers, advisors, and practitioners with the latest news, expert insights, and guidance on emerging, evolving,...
Dec. 9 — The staff of the Financial Accounting Standards Board is conducting research on how to report revenue stemming from licenses and on two other topics that could lead to more guidance aimed at clarifying how to apply the new, far-reaching revenue recognition standard being researched.
FASB Chairman Russell Golden in a Dec. 9 speech outlined that work on the six-month- old rules. The standards were issued jointly in May by the U.S. board and the International Accounting Standards Board (10 APPR 525, 6/6/14) (10 APPS 5, 6/6/14).
Notify me when updates are available (No standing order will be created).
Put me on standing order
Notify me when new releases are available (no standing order will be created)