SEC deputy chief accountant discusses revenue at Baruch conference
May 10, 2016
At the 2016 Baruch College Financial Reporting Conference in New York City last week, Wesley Bricker, deputy chief accountant in the SEC’s Office of the Chief Accountant, discussed transition issues related to the FASB’s new revenue standard as well as two significant reporting and disclosure matters that broadly affect SEC registrants: (1) SAB Topic 11.M disclosures and (2) the requirement for revised financial statements in a registration statement.
Mr. Bricker’s speech is available on the SEC’s Web site. For more information, see Deloitte’s related journal entries: