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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 ...

The Financial Accounting Standards Board (FASB), which sets U.S. GAAP standards, has clarified key language around its new revenue-recognition guidelines. Until a November 29 meeting, there were ...

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 ...

Learn the two GAAP criteria for revenue recognition and how companies can accurately report on their financial statements using these key accounting principles.

The AICPA A&A Focus webcast on May 7 featured timely updates and strategic insights on key accounting and auditing topics. Hosted by Bob Durak, CPA, CMGA, director of A&A Technical Services at the ...