IASB/FASB October 2011
19 October 2011
The IASB and FASB discussed whether an entity should apply the proposed disclosure requirements in the forthcoming revised exposure draft, Revenue from Contracts with Customers to interim financial statements.
IASB / FASB 28 July 2011
28 July 2011
The IASB tentatively decided at the joint July board meeting to grant four transition reliefs on retrospective application of the new revenue standard.
IASB / FASB July 2011
22 July 2011
The IASB and FASB then discussed effective dates in relation to the revenue recognition project.
IASB / FASB June 2011
14 June 2011
The IASB and the FASB completed their planned redeliberations of the exposure draft Revenue from Contracts with Customers by discussing the following topics:
IASB / FASB 31 May 2011
31 May 2011
The IASB and the FASB discussed how an entity should account for the costs of products manufactured for delivery under long-term production programs.
IASB / FASB May 2011
18 May 2011
The IASB and the FASB continued their deliberations on the revenue recognition project by discussing the presentation and disclosure requirements for an entity's contracts with customers, disclosures about assets from contract acquisition or fulfilment costs, impairment and amortisation of assets from contract acquisition or fulfilment costs, recognition of an asset from contract acquisition costs, and onerous contracts.
IASB / FASB 11 May 2011
11 May 2011
The IASB and FASB invited guest speakers from the telecommunications industry to present their views on how the proposed revenue recognition model would affect current accounting practice in the industry.
IASB / FASB April 2011
12 April 2011
The IASB and the FASB discussed determining the transaction price, allocating the transaction price, licences and rights to use, fulfilment costs, and sale and repurchase agreements.
IASB / FASB 23 March 2011
23 March 2011
The boards discussed when and how an entity should adjust the promised amount of consideration in a contract to reflect the effects of the time value of money, collectability and uncertain consideration.
IASB / FASB 1 March 2011
01 March 2011
The IASB and the FASB continued their discussion from February 2011 on how an entity would test a contract to determine whether it is onerous.