FASB Resources
Financial Accounting Standards Board (FASB) is a private, non-profit organization standard-setting body whose primary purpose is to establish and improve generally accepted accounting principles (GAAP) within the United States in the public’s interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the U.S.
- ASU 2014-09, Revenue from Contracts with Customers (Topic 606)
- ASU 2014-09, Background Information and Basis For Conclusions
- ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net)
- ASU 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing
- ASU 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients
- ASU 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers
- Revenue Recognition Implementation Q&A
- Memo No. 1 Gross versus Net Revenue
- Memo No. 2 Gross versus Net Revenue: Amounts Billed to Customers
- Memo No. 3 Sales-Based and Usage-Based Royalties in Contracts with Licenses and Goods or Services Other than Licenses
- Memo No. 4 Impairment Testing of Capitalised Contract Costs
- Memo No. 5 July 2014 Meeting – Summary of Issues Discussed and Next Steps [Revised]
- Memo No. 6 Customer Options for Additional Goods and Services and Nonrefundable Upfront Fees
- Memo No. 7 Presentation of a Contract as a Contract Asset or a Contract Liability
- Memo No. 8 Determining the Nature of a License of Intellectual Property
- Memo No. 9 Distinct in the Context of the Contract
- Memo No. 10 Contract Enforceability and Termination Clauses
- Memo No. 11 October 2014 Meeting—Summary of Issues Discussed and Next Steps
- Memo No. 12 Identifying Promised Goods or Services
- Memo No. 13 Collectibility
- Memo No. 14 Variable Consideration
- Memo No. 15 Noncash Consideration
- Memo No. 16 Stand Ready Obligations
- Memo No. 17 Islamic Finance Transactions
- Memo No. 18 Material Right
- Memo No. 19 Consideration Payable to a Customer
- Memo No. 20 Significant Financing Component
- Memo No. 21 Licenses Research Update
- Memo No. 22 Performance Obligations Research Update
- Memo No. 23 Costs to Obtain a Contract
- Memo No. 24 Contract Modifications
- Memo No. 25 January 2015 Meeting – Summary of Issues Discussed and Next Steps
- Memo No. 26 Contributions
- Memo No. 27 Series of Distinct Goods or Services
- Memo No. 28 Consideration Payable to a Customer
- Memo No. 29 Warranties
- Memo No. 30 Significant Financing Component
- Memo No. 31 Variable Discounts
- Memo No. 32 Exercise of Material Right
- Memo No. 33 Partially Satisfied Performance Obligations
- Memo No. 34 March 2015 Meeting - Summary of Issues Discussed and Next Steps
- Memo No. 35 Accounting for Restocking Fees and Related Costs
- Memo No. 36 Credit Cards
- Memo No. 37 Consideration Payable to a Customer
- Memo No. 38 Portfolio Practical Expedient and Application of Variable Consideration Constraint
- Memo No. 39 Application of the Series Provision and Allocation of Variable Consideration
- Memo No. 40 Practical Expedient for Measuring Progress toward Complete Satisfaction of a Performance Obligation
- Memo No. 41 Measuring Progress when Multiple Goods or Services are Included in a Single Performance Obligation
- Memo No. 42 Completed Contracts at Transition
- Memo No. 43 Determining When Control of a Commodity Transfers
- Memo No. 44 July 2015 Meeting—Summary of Issues Discussed and Next Steps
- Memo No. 45 Licenses—Specific Application Issues About Restrictions and Renewals
- Memo No. 46 Pre-Production Activities
- Memo No. 47 Whether Fixed Odds Wagering Contracts are Included or Excluded from the Scope of Topic 606
- Memo No. 48 Customer Options for Additional Goods and Services
- Memo No. 49 November 2015 Meeting—Summary of Issues Discussed and Next Steps
- Memo No. 50 Scoping Considerations for Incentive-based Capital Allocations
- Memo No. 51 Contract Asset Treatment in Contract Modifications
- Memo No. 52 Scoping Considerations for Financial Institutions
- Memo No. 53 Evaluating How Control Transfers Over Time
- Memo No. 54 Class of Customer
- Memo No. 55 April 2016 Meeting - Summary of Issues Discussed and Next Steps
- Memo No. 56 Over Time Revenue Recognition
- Memo No. 57 Capitalization and Amortization of Incremental Costs of Obtaining a Contract
- Memo No. 58 Sales-Based or Usage-Based Royalty with Minimum Guarantee
- Memo No. 59 Payments to Customers
- Memo No. 60 November 2016 Meeting – Summary of Issues Discussed and Next Steps