Accounting Roundup — First quarter in review — 2015

Published on: 03 Apr 2015

This issue features articles on:

  • Decisions and discussions related to the new revenue recognition standard, including:
    • The FASB’s tentative decisions to revise the new standard in response to implementation concerns, including deferring the standard’s effective date by one year.
    • The January and March meetings of the FASB’s and IASB’s joint revenue transition resource group to discuss various issues raised by stakeholders.
  • The EITF’s March 2015 meeting, at which the Task Force reached final consensus on two topics and consensus-for-exposure on three.

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