FASB changed the transition requirements and clarified the scope of its standard on accounting for credit losses, which was issued in 2016.

A new FASB staff paper provides information to private company franchisors as they decide how to recognize certain franchise fees under the new revenue recognition standard.

A majority of S&P 500 companies chose the simplicity of the modified retrospective transition for their revenue recognition standard implementation, a new white paper shows.

FASB issued a proposal that would align the accounting for production costs of an episodic TV series with the accounting for films.

In a new standard, FASB clarified the interaction between the guidance for certain collaborative arrangements and the revenue recognition standard.