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Boards release agenda for inaugural meeting of revenue recognition transition resource group

  • FASB (US Financial Accounting Standards Board) Image
  • IASB (International Accounting Standards Board) Image

Jul 09, 2014

The agenda has been released for the upcoming inaugural meeting of the FASB’s and IASB’s revenue recognition transition resource group (TRG), which is scheduled for July 18, 2014. The TRG will discuss a number of topics related to the boards’ new revenue standard, “Revenue From Contracts With Customers” (issued as ASU 2014-09 by the FASB and IFRS 15 by the IASB).

The objectives of the TRG, which was formed in June 2014, are to solicit, analyze, and discuss issues stakeholders encounter in implementing the new revenue standard and to help the boards address those issues.

Meeting agenda papers are available on the IASB’s Web site.

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