FASB: Revenue recognition discussions | KPMG | GLOBAL

FASB: Revenue recognition discussions

FASB: Revenue recognition discussions

With the FASB issuing its latest Accounting Standards Update (ASU) on revenue recognition, the standard (Topic 606) can be regarded as virtually final.


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Successful implementation will take time and resources. Therefore, action can no longer be delayed.


Read two reports prepared by KPMG LLP:

A May 2016 report  [PDF 2.34 MB] that includes the latest standard-setting, as well as insights and more extensive examples: Revenue: Issues In-Depth

A May 2016 report [PDF 501 KB] that discusses the FASB’s latest ASU: Defining Issues: FASB Finalizes Narrow-Scope Improvements for Revenue Standard

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