AICPA issues five revenue working drafts

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Mar 02, 2017

In March 2017, the American Institute of CPAs’ (AICPA) revenue recognition task forces released for public comment five working drafts on accounting issues associated with the implementation of the new revenue standard for aerospace and defense, broker-dealer, power and utility, and time-share entities.

The working drafts address the following topics:

Comments on the working drafts are due by May 1, 2017.

For more information, see the revenue recognition page on the AICPA’s Web site.

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