AICPA Revenue Recognition Task Force Issues Exposure Drafts

calendar iconApril 18, 2019

In response to Financial Accounting Standards Board Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, the American Institute of Certified Public Accountants (“AICPA”) Revenue Recognition Task Force has issued the following revenue recognition exposure drafts for comment:

  • Brokers and Dealers
    • Issue 3-4: Underwriting Revenues
  • Telecommunications
    • Issue 15-8 – Determining the Transaction Price

Comments on the exposure drafts are due January 2, 2018.

The AICPA is seeking comment on the issues. The comment period ends January 2, 2018.