Revenue recognition.

• Position: Member milestones

The AICPA Financial Reporting Executive Committee has issued three new working drafts of accounting issues related to the implementation of the new revenue recognition standard.

This time, the working drafts pertain to broker-dealers and depository and lending institutions.

These working drafts provide industry-specific helpful hints and illustrative examples for entities implementing Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers...