Construction Business Owner

JUNE 8, 2017

After years of work, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have issued ASU 2014-09, the Revised Revenue Recognition Model.

IASB 168

IASB FASB United States Accounting 168

Construction Business Owner

JUNE 28, 2017

After years of work, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have issued ASU 2014-09, the Revised Revenue Recognition Model.

IASB 159

IASB FASB United States Accounting 159

Contractor Magazine

DECEMBER 11, 2017

Both the International Accounting Standards Board (IASB) and the Financial Standards Accounting Board (FASB) have recently issued new accounting standards related to lease assets.

Leases 40

Leases Accounting IASB FASB 40

Construction Dive

OCTOBER 22, 2014

Engineering and construction (E&C) entities may need to change some of their revenue recognition practices as a result of new guidance that the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) have unveiled, according to an analysis that Ernst & Young LLP released last month.

IASB 48

IASB FASB Engineering Accounting 48

Autodesk Construction Cloud

AUGUST 12, 2021

The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) updated reporting standards for revenue recognition from contracts with customers in 2014. Certain governing bodies issue revenue recognition standards to disseminate accounting best practices.

Accounting 52

Accounting Software Software FASB 52