Invitation to Comment 2019-200—Measurement and Other Topics Related to Revenue Contracts with Customers under Topic 805

The purpose of this Invitation to Comment (ITC) is to solicit feedback about measurement and other topics related to revenue contracts with customers under Topic 805, Business Combinations, that were identified by the Emerging Issues Task Force (EITF) during its consideration of EITF Issue No. 18-A, “Recognition under Topic 805 for an Assumed Liability in a Revenue Contract” (Issue 18-A). The FASB requests feedback about the following:

1. 1
   Payment terms and their effect on the subsequent amount of revenue recognized by an acquirer
2. 2
   Costs to fulfill a performance obligation in measuring the fair value of a contract liability for a revenue contract.

The ITC was issued concurrently with the related proposed Accounting Standards Update, Business Combinations (Topic 805): Revenue from Contracts with Customers—Recognizing an Assumed Liability, which resulted from decisions reached by the EITF on Issue 18-A.

For more information, see the following:

Issued: February 14, 2019

Comments Due: April 30, 2019