United States

Revenue Transition Resource Group Holds First Meeting

Jul 22, 2014
From the Financial Reporting View and the IFRS Institute

This edition of Defining Issues reports that the FASB and IASB's Joint Transition Resource Group for Revenue Recognition (TRG) met for the first time on July 18, 2014, and discussed four issues related to the new revenue recognition standard. TRG members offered a range of perspectives on the issues discussed although they were not asked to vote or conclude on specific views or fact patterns.

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