United States

Executive Accounting Update - New Revenue Recognition Standard

Aug 20, 2015
From the Financial Reporting View and the IFRS Institute

KPMG LLP recently released the Executive Accounting Update - New Revenue Recognition Standard, which provides a high-level overview of the new revenue recognition standard, including a description of the single model for revenue recognition, implementation considerations and disclosure requirements, and examples of transactions that may be significantly affected. KPMG LLP also released single-page industry supplements that identify some industry specific issues as well as a supplement that provides considerations for assessing transition options.

For the most current KPMG industry thought leadership, see the Latest on Revenue Recognition for Industries.

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Automotive
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Automotive
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