Project Update:
Revenue and Expense Recognition

Upcoming Revenue and Expense Recognition Events

GASB is offering resources for learning more about the Board’s recent Preliminary Views (PV), Revenue and Expense Recognition, prior to the February 26, 2021 comment deadline, and providing several opportunities to share your views thereafter.


This series of IN FOCUS webinars will be offered under the following schedule:
For Financial Statement Users
  • October 27, 2020, 2:00–3:00 p.m. ET (overview of the PV) – now available in the archive 
For Preparers and Auditors
  • November 12, 2020, 2:00–3:00 p.m. ET (PV Chapters 1–3)
  • November 19, 2020, 2:00–3:00 p.m. ET (PV Chapters 2 and 4)
  • December 10, 2020, 2:00–3:00 p.m. ET (PV Chapters 5–7). 
Participants in the live webinars will have the opportunity to ask questions and are eligible for 1 hour of continuing professional education (CPE) per webinar. Recordings of the webinars will be available on the GASB website after they have taken place.

Videos to Highlight Key Project Areas

The GASB is offering a series of short videos on the Preliminary Views highlighting key aspects of the document. Videos will be available in the coming weeks and months leading up to the comment deadline.

Public Hearings and User Forums

Public hearings are tentatively scheduled as follows:
  • March 23, 2021, in Boise, ID (in conjunction with the annual conference of the National Association of State Comptrollers)
  • March 30–31, 2021, in Atlanta, GA
  • April 8, 2021, in New York, NY
  • April 13–14, 2021, in Chicago, IL
  • April 20–21, 2021, in San Francisco, CA.
User forums are tentatively scheduled as follows:
  • April 9, 2021, in New York, NY
  • April 15, 2021, in Chicago, IL.
As previously noted, the deadline for written notice of intent to participate in the public hearings and user forums is February 26, 2021. Additional information on how to express interest is available in the opening pages of the Preliminary Views.

For more on the Revenue and Expense Recognition project, visit the GASB website at