Everything you need to understand and implement the new, converged FASB-IASB revenue recognition standard

The Financial Accounting Standards Board (FASB), and the International Accounting Standards Board (IASB) have completed a decade-long project to clarify and converge their revenue recognition standards. The new, unified, principles-based standard will serve as one model, applied consistently across most industries worldwide. Wiley Revenue Recognition begins with an executive overview of the new standard and then walks you, step-by-step, through the new model, providing detailed explanations, graphic aids, and numerous application examples along the way. It also supplies:

• A list of the more than 200 separate FASB items and IASB standards and interpretations superseded by the new standard
• Exclusive access to a website with digital ancillaries, featuring the latest technical developments, useful implementation tools, and GAAP and IFRS Disclosure Checklists
• All the information, tips, and practice aids needed to implement the new revenue recognition standard
• In-depth coverage of how companies should plan for implementation

Wiley Revenue Recognition is a trusted, authoritative guide to the new FASB-IASB revenue recognition standard for CPAs and financial professionals, worldwide.