Heads Up on revenue recognition discussion paper
07 Jan 2009
The National Office Accounting Standards and Communications Group of Deloitte (United States) has published a Heads Up FASB and IASB Issue Discussion Paper on Revenue Recognition.
The newsletter discusses the FASB's and IASB's recently released Discussion Paper Preliminary Views on Revenue Recognition in Contracts With Customers, which outlines the boards' preliminary views on a single, contract-based revenue recognition model.