The Revenue Recognition project has been going on now for, what, nearly a decade? After extensive deliberations and outreach by the Boards, we might actually see a final standard role out sometime this year. Given the fundamental nature of the topic, it is likely to have a substantial impact on how most of us teach. The FASB [...] Read more > >
Click here to view the video recording of this Roundtable The first FASRI Roundtable for 2012 will cover the newly proposed standard on Revenue Recognition. FASB practice fellows Michael Breen (KPMG) and Heather Harris (General Electric) will lead the discussion. Michael is a senior manager at KPMG and Heather is an Assistant Controller in the Global Mergers [...] Read more > >
official news release, this new exposure draft addresses concerns raised in the 1000+ comment letters received in response to the first exposure draft. In particular, this exposure draft: adds guidance on how to determine when a good or service is transferred over time; simplifies the proposals on warranties; simplifies how an entity would determine a transaction price (including [...] Read more > >
"Libby Boxes" Revenue recognition is one of FASRI’s key target areas for research over the coming year. We are going to take a big step forward on Tuesday, October 6th, 4pm by laying out some possible approaches to research studies on RevRec. We will be structuring our discussion around the key independent variables that researchers might [...] Read more > >
Lisa – you and I have talked about this a little, but maybe a comment will...
Paul, Thanks for your thoughtful response. I’ll take a closer look at your TAR...
The cost/benefit constraint is a topic that fascinates me because it is a superficially...
In two days (Feb 16), the House financial Services Committee is scheduled to vote on a...
Hello, I missed the roundtable discussion. Are the transcript or the presentation...
