|It is critical for preparers of financial statements and auditors to understand the complexities of the gaming industry, including a description of the games, revenue recognition, and financial statement presentation. AICPA publications provide information on recent developments, guidance, and illustrative examples for the common accounting and audit practices in the gaming industry including
- jackpot liabilities.
- loyalty and incentive programs.
- regulation and licensing.
- general audit considerations.
Further, this revised edition of the guide contains valuable information on the quickly expanding tribal gaming industry.
The following products are available from the AICPA to help provide guidance and resources on the gaming industry.