This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

FASB constituents of the TRG will continue to meet

  • FASB (US Financial Accounting Standards Board) (lt blue) Image
  • SEC (US Securities and Exchange Commission) Image

Jan 29, 2016

In January 2016, Wesley R. Bricker, deputy chief accountant in the SEC’s Office of the Chief Accountant (OCA) spoke at the 43rd Annual Securities Regulation Institute (sponsored by the Northwestern Pritzker School of Law) about the implementation of the new revenue standard.

Mr Bricker noted that the SEC staff continues to support the TRG as a mechanism to promote more consistent application of the new revenue standard. While the IASB will no longer attend TRG meetings, the FASB will continue to address implementation issues and has scheduled three TRG meetings for 2016. Mr Bricker noted that the SEC staff attends TRG meetings and will use the discussions as a basis to assess the appropriateness of domestic and foreign registrants’ revenue recognition policies.

For more information, see Deloitte US's journal entry.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.