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.

AICPA issues revenue working drafts for airline and gaming industries

  • AICPA (American Institute of CPAs) Image

Dec 02, 2016

The AICPA’s Revenue Recognition Task Force has released for public comment a working draft on accounting issues associated with the implementation of the new revenue standard for the airlines industry and three working drafts for the gaming industry.

The working drafts address the following topics:

  • “Tier status” in affinity programs (airlines and gaming industries).
  • Net gaming revenue (gaming industry).
  • Promotional allowances (gaming industry).

Com­ments on the working drafts are due by February 1, 2017. For more in­for­ma­tion, see the airlines and gaming Revenue Recog­ni­tion Task Force pages on the AICPA’s Web site.

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.