Читать книгу Revenue Recognition - Renee Rampulla - Страница 8

1 ASU No. 2014-09 brought about which of the following:Created FASB ASC 606, Revenue from Contracts with Customers.Eliminated FASB ASC 340-40.Provided a rules-based framework for recognizing revenue.Increased several existing revenue recognition requirements and industry-specific topics within the FASB ASC 900 (Industry) sections.