AICPA issues revenue working draft for broker-dealers
Dec 15, 2017
In December 2017, the AICPA’s Revenue Recognition Task Force released for public comment a working draft on accounting issues associated with the implementation of the new revenue standard for broker-dealers.
The working draft addresses investment banking M&A advisory fees. Comments on the working draft are due by February 15, 2018.
For more information, see the revenue recognition resource page on the AICPA’s website.