Software Entities 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:

    • Nancy Salisbury, Ernst & Young LLP (Chair)
    • Aaron Anderson, PayPal
    • Sriprasadh Cadambi, KPMG LLP
    • Michael Coleman, PricewaterhouseCoopers LLP
    • Eric Domagalski, Symantec
    • Stacy Harrington, Microsoft
    • Stephen Hope, Autodesk
    • Sujit Kankanwadi, Synopsys
    • Wendy Kim, BDO LLP
    • Kevan Krysler, VMware
    • Neil Manna, CA Technologies
    • Gary Merrill, CommVault Systems
    • Craig Miller, Grant Thornton LLP
    • Marc Seymer, Adobe
    • Rich Stuart, McGladrey LLP
    • Joe Talley, Deloitte LLP
    • Paul Vigil, BMC Software
    • Corey West, Oracle
    • Alison Yara, IBM
    Staff Contact: George Fritz,


    Below is a list of potential revenue recognition implementation issues identified by the Software Entities Revenue Recognition Task Force. The list will be updated as the task force continues it discussions. 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 Identifying performance obligations: distinct licenses, including term licenses
    2 Identify/satisfy the performance obligation: whether PCS components are separate performance obligations
    This implementation issue will discuss considerations for applying the guidance in FASB ASC 606 in determining whether components of PCS are separate performance obligations and the associated pattern in which an entity satisfies each performance obligation.
    3 Identify the performance obligation: options for additional goods and services
    4 Determine the transaction price: identifying implied price concessions; estimating the standalone selling price of an option for goods and services that represents a material right
    5 Identify/satisfy the performance obligation: renewal options in short-term licenses; mandatory PCS
    6 Determine the transaction price: estimating standalone selling price; use of the residual method
    7 Determine the transaction price: assessing significance of financing component
    8 Satisfy the performance obligation: measure of progress for a combined performance obligation; when control transfers for an intangible good
    9 Contract costs: issues related to incremental costs of obtaining contract
    10 Disclosure: levels of disclosure of disaggregated revenue
    11 Determine the transaction price: estimating the standalone selling price of PCS
    12 Identify the contract: master service arrangements and purchase orders


    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 by the dates noted below:

    Issue # Comment Due Date

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

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