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Revenue Recognition Updates for Performance Obligations and Licensing
Posted by Chrissy Hammond on Thu, Jun 16, 2016 @ 11:42 AM

The Financial Accounting Standards Board (FASB) addressed concerns about revenue recognition for performance obligations and licensing recently with the release of accounting standards update (ASU) 2016-10. Licensing and performance obligations numbered among the items identified for further discussion by the Joint Transition Group for Revenue Recognition (TRG).

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Topics: FASB, Revenue recognition, Financial Accounting Standards Board, Performance obligations, Licensing

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