Airlines Revenue Recognition Task Force 


    AICPA Revenue Recognition Task Forces are charged with developing revenue recognition implementation issues that will provide helpful hints and illustrative examples for how to apply the new Revenue Recognition Standard.

    Task Force Members:

    • Dave Dickson, Ernst & Young LLP (Chair)
    • Rachel Bell, Virgin America
    • Stewart Bell, United
    • Chris Berry, Alaska Air Group
    • LeAnna Buchwald, JetBlue
    • Mike Carreon, American Airlines
    • Robert Gordon, Deloitte LLP
    • Craig Isakson, KPMG LLP
    • Leah Koontz, Southwest Airlines
    • Craig Meynard, Delta
    • Wade Steel, Skywest
    Staff Contact: Yelena Mishkevich, ymishkevich@aicpa.org

    IDENTIFIED REVENUE RECOGNITION IMPLEMENTATION ISSUES

    Revenue recognition implementation issues identified by the Airlines Revenue Recognition Task Force, when available, will be posted here.  Full revenue recognition implementation issues will be posted below for informal comments after review by the AICPA Financial Reporting Executive Committee (FinREC).

    Issue # Description of Implementation Issue
    1 Regional contacts
    2 Joint venture revenue sharing agreements
    3 Passenger tickets – Breakage
    4 Ancillary services
    5 Interline transactions
    6 Loyalty (flown & sold miles)
    7 Cargo transactions
    8 Commissions and selling costs
    9 Maintenance power-by-the-hour services
    10 Transition


    FEEDBACK REQUESTED

    Draft Revenue Recognition Implementation Issues included for informal comment, when available, will be listed below.

    Respondents should submit any comments including the implementation issue number to revreccomments@aicpa.org by the dates noted below:

    Issue # Comment Due Date


    The Airlines Revenue Recognition Task Force recommends the following AICPA products for current revenue recognition issues:



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