On April 7, 2009 the EITF published a draft abstract of EITF 08-9, “Milestone Method of Revenue Recognition.” If approved, EITF 08-9 will introduce a new method of revenue recognition
Accounting Standards Update ASU 2009-13 (formerly known as EITF 08-1) introduces a “selling price” hierarchy for multiple-deliverable arrangements and for the first time allows for management selling price estimates in
Revenue Recognition processes, long considered “extreme” accounting under US GAAP, will be equally difficult under IFRS. The IFRS standard looks much simpler, but is it? What are the implications for
After more than six years of deliberation, the Financial Accounting Standards Board and the International Accounting Standards Board have published their preliminary views on a new model for revenue recognition.
ASU 2009-14 (formerly known as EITF 09-3) tackles a hotly debated item: Should the existence of a software component in a tangible product trigger the application of software revenue recognition