The Financial Accounting Standards Board and the International Accounting Standards Board will host a joint media conference call to announce the issuance of their new, converged standard on revenue recognition tomorrow morning at 8:00 am eastern time.

 

During the 45-minute call, FASB Chairman Russell G. Golden and IASB Vice-Chairman Ian Mackintosh will provide a brief overview of the new standard, which affects public companies, private companies, and not-for-profit organizations worldwide. During the call, members of the media will have the opportunity to submit questions to Golden and Mackintosh as time permits.