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TRG discusses implementation of new revenue standard

  • TRG meeting Image

Nov 11, 2016

At its November 7, 2016, meeting, the FASB’s revenue transition resource group (TRG) 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.

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