Attention FAE Customers:
Please be aware that NASBA credits are awarded based on whether the events are webcast or in-person, as well as on the number of CPE credits.
Please check the event registration page to see if NASBA credits are being awarded for the programs you select.

Want to save this page for later?


The Daily

FASB Makes Revenue Recognition Delay Official with New ASU

Chris Gaetano
Published Date:
Aug 13, 2015
clocks2The Financial Accounting Standards Board (FASB) has released an update that makes official a recent decision to delay the effective date of the new revenue recognition standard. The FASB decided to move the effective date based on feedback from stakeholders that began shortly after the new standard's approval in May, 2014. Stakeholders had requested additional time to get ready for the standard's implementation, particularly those who worked in fields that emphasized intellectual property and licenses. As of now, officially, the effective date has been moved from Dec. 15, 2017 to Dec. 15, 2018.