Project Update

EITF Issue No. 19-B: Revenue Recognition—Contract Modifications of Licenses of Intellectual Property

Last updated on March 30, 2021. This issue has been removed from the technical agenda and subsumed into the Board’s Post Implementation Review (PIR) process for Topic 606, Revenue from Contracts with Customers.

(Sections updated on the date above are indicated with an asterisk *)


The staff has prepared this summary for information purposes only. Any Board decisions are tentative and do not change current accounting. Official positions of the FASB are determined only after extensive due process and deliberations.