Question
In: Accounting
Access the FASB website and identify the three most recent exposure drafts issued by the FASB.
Access the FASB website and identify the three most recent exposure drafts issued by the FASB.
Solutions
Expert Solution
| S.no | Issue Date | Document | Topics discussed |
| 1 | 30-04-19 | Measurement and other topics related to revenue contracts with customer under Topic 805 |
1.Payment terms and their effect on the subsequent revenue
recognised 2.Costs to fulfill a performance obligation in measuring the fair value of a contract liability for revenue contract under 805 |
| 2 | 30-04-19 |
1.Business combinations : reveue form contracts with customer 2.Recognising an assumed liability |
1.Provides additional guidance on measuring contract liabilties from revenue contracts with customers acquired in business combination |
| 3 | 18-04-19 |
1.compensation-stock compensation and revenue from contracts with
customers 2.Codification improvements-share based consideration payable to a customer |
The amendments in this update provides guidance on how entities would require to measure and classify the share based payment ot a customer |
ekkarill92 answered 11 months agoRelated Solutions
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