ASU 2016-08

On May 28, 2014, the FASB and the International Accounting Standards Board
(IASB) issued a converged standard on recognition of revenue from contracts
with customers. In June 2014, the FASB and the IASB (collectively, the Boards)
announced the formation of the FASB-IASB Joint Transition Resource Group for
Revenue Recognition (TRG). One of the objectives of the TRG is to inform the
Boards about potential implementation issues that could arise when
organizations implement the new revenue standard. The TRG also helps
stakeholders to better understand specific aspects of the new revenue standard.
The TRG does not issue authoritative guidance.