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Introduction to the New Revenue Recognition Standard Logo aicpa

  Kim Kushmerick |   Free |   AICPA |   2014 |

Kim Kushmerick, AICPA Senior Technical Manager-Accounting Standards, provides an overview of the new revenue recognition standard and highlights helpful AICPA resources available.

Topics covered:
  • Financial accounting & reporting: Technical: FASB financial accounting & reporting: Revenue recognition, Foundational

2 Comments/Reflections

Tendai Nyakurimwa

Tendai Nyakurimwa Oct 2018

Its quite a helpful video to those who need to prepare for the change in revenue recognition. I appreciated the fact that planning is essential. A lot of of processes may have to be recooked at by any company adopting this standard.

As a small company we have done our best to look at our processes and see how we are affected by this change.  
Tendai Nyakurimwa

Tendai Nyakurimwa May 2016

The video helped me to appreciate the need to prepare for the introduction of the standard. It really impressed on me that the implementation time is not far. Thus, I should start now to prepare.