FASB and IASB Issue Joint Draft on Revenue Recognition Applying to Virtually All Revenue Transactions - Malin Bergquist's Peter Kern and William Godshall, former PCAOB official now with Malin Bergquist's affiliate firm in Atlanta, report that the FASB and IASB's recent joint exposure draft on revenue recognition will apply to virtually all revenue transactions with the exception of contracts relating to leases, insurance, financial instruments, certain guarantees and... More > |