Revenue Recognition: Performance Obligation Pass a Hurdle
- by Theresa Hickman
I met up with Seamus Moran, our resident accounting expert, to get his thoughts about the latest happenings with IFRS.
Last week, on March 13, the comment period on the FASB and IASB exposure draft “Revenue From Contracts with Customers” closed. FASB and IASB have just over 20 comment letters – a very small number. The…