In May, the Financial Accounting Standards Board and the International Accounting Standards Board released a new revenue recognition standard designed to create comparability across industries and jurisdictions for a critical item in financial statements. Members of the Financial Accounting Standards Board and the International Accounting Standards Board shared some of the most important things to consider in the guidance. Explore the AICPA's revenue recognition resources, including industry task forces, video, webcasts and more at aicpa.org/RevenueRecognition.