The Financial Accounting Standards Board released a post-implementation review Monday of its revenue recognition standard, reflecting on the benefits and costs of the wide-ranging standard a decade ...

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The Financial Accounting Standards Board released a staff educational paper Tuesday to answer questions about how to apply its revenue recognition standard to presentation and disclosures to ...

Earlier this week, the Financial Accounting Standards Board (FASB) together with the International Accounting Standards Board (IASB) issued a converged standard for how to recognize revenue in ...

The January webcast also included a deep dive into step 3 of the five-step revenue recognition process outlined in FASB ASC 606. The AICPA A&A Focus Series webcast on Jan. 8 invited back experts for a ...