Certified Public Accountants
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Accounting & Auditing Alert June 2018


RubinBrown's Accounting & Auditing Alert is published monthly to inform our clients and contacts about relevant technical accounting and audit-related information.


FASB Updates Topic 942

The FASB has issued ASU 2018-06,Codification Improvements to Topic 942, Financial Services—Depository and Lending.


FASB Proposes Guidance For Collaborative Arrangements

The FASB has issued an Exposure Draft for public comment that is intended to address certain questions that have arisen regarding the interaction of Topic 606 – Revenue for Contracts with Customers and Topic 808 – Collaborative Arrangements.


Readers should not act upon information presented without individual professional consultation.