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 draft for broker-dealers

  • AICPA (American Institute of CPAs) Image

Jan 10, 2019

The AICPA’s Financial Reporting Executive Committee has released for public comment a working draft for broker-dealers that addresses an illustrative note to financial statements that is associated with the implementation of the new revenue standard.

Topics addressed in the working draft include:

  • Significant judgments.
  • Investment banking.
  • Asset management.
  • Costs of obtaining or fulfilling a contract with a customer.
  • Disaggregated revenue from contracts with customers.

Com­ments on the working draft are due by March 4, 2019. For more in­for­ma­tion, see the revenue recog­ni­tion re­source page 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.