CFMA’s 2017 Annual Conference & Exhibition Registration is now open! Click here to get started!

Your Resource for the Latest on Revenue Recognition

Revenue Recognition Hub

Explore the Hub!
Revenue Recognition 2014
The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have jointly issued a converged standard on the recognition of revenue from contracts with customers.

FASB Issues Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606)

FASB Voted to Propose Effective Date for Revenue Recognition Be Deferred by One Year

Update No. 2014-09—Revenue from Contracts with Customers (Topic 606)

The July/August issue of CFMA Building Profits featured an overview of the new standard – find out what you need to know.

View CFMA’s most recent Webinar on this topic: “Revenue Recognition: Implementation Considerations.” Free to CFMA members, $43.95 for non-members.
 
CFMA Revenue Recognition Comment Letters
CFMA has been involved in the Revenue Recognition project since the issuance of the 2008 Discussion Paper because of the profound impact which this new standard will have on the construction industry.

CFMA Comments - File Reference No 1660-100 (pdf)
CFMA Survey Results for File Reference 1660-100 (pdf)
CFMA RESPONSE TO FASB REVENUE RECGONTION REEXPOSURE DRAFT (doc)
Join the Conversation!
Visit CFMA's Connection Cafe and search "Revenue Recognition" for further updates and answers to your revenue recognition questions related to the new standard's release.

CFMA’s Connection Café

 


To receive updates on Revenue Recognition, please email foram@cfma.org.