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AICPA Revenue Recognition Task Force Issues Exposure Drafts
April 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
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.