About the Group

Purpose of the Group

  • To solicit, analyze, and discuss stakeholder issues arising from implementation of the new guidance
  • To inform the FASB and the IASB about those implementation issues, which will help the Boards determine what, if any, action will be needed to address those issues
  • To provide a forum for stakeholders to learn about the new guidance from others involved with implementation


The TRG periodically met in public to discuss potential issues arising from the implementation of the new revenue recognition guidance (ASU Topic 606/IFRS 15).

The FASB and the IASB staff evaluated each submission and prioritized the issues for discussion at TRG meetings. TRG meeting materials with a log of TRG issues have been posted on the Implementation Q&A page.

During the meetings, the TRG members shared their views on the issues. The TRG did not issue guidance. Subsequent to each meeting, the FASB and the IASB determined what action, if any, was to be taken on each issue.


Refer to www.fasb.org/revrec and www.fasb.org/PIR.


If you would like more information, please contact:

Mary Mazzella
Assistant Director

Lucy Cheng
Project Manager