In June 2010, a joint initial exposure draft was published by the Financial Accounting Standards Board and the International Accounting Standards Boards on Revenue from Contracts with Customers to solicit public comment on the proposed new accounting standard with...
In December 2008, the Financial Accounting Standards Board, also known as FASB, issued a Discussion Paper on the Preliminary Views on Revenue Recognition for public comment as a step preceding the development of an Exposure Draft of a proposed Statement of Financial...
The International Financial Reporting Interpretations Committee issued IFRIC 13 in June 2007 to address accounting by entities that grant loyalty award credits to customers who buy other goods or services and how to account for the obligation to provide free or...
