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.

TRG discusses implementation of new revenue standard

  • FASB (US Financial Accounting Standards Board) (lt blue) Image

Nov 07, 2016

On November 7, 2016, the Financial Accounting Standards Board's (FASB) revenue transition resource group (TRG) met and discussed potential issues related to implementing the new revenue standard.

Topics discussed at the meeting included:

  • Revenue recognition over time.
  • Capitalization and amortization of the incremental costs of obtaining a contract.
  • Sales-based or usage-based royalties with a minimum guarantee.
  • Payments to customers.

For more information, see Deloitte’s November 2016 TRG Snapshot.

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.