論文代推薦：FASB和IASB采用的會計準則
FASB和IASB采用的會計準則在過去一年發生了變化。澳大利亞通過修訂會計準則采納了這些變化。本報告討論了為考慮與客戶簽訂合同所產生的收益而引入的更改。會計核算方式的改變將產生巨大的影響，公司的盈利能力將是巨大的。概述提供了對當前標準及其如何更改的深入了解。
就石油和天然氣行業而言，主要問題之一將與生產失衡有關。由於生產不平衡，將需要研究合同義務，從而確認收入。最後但重要的是，金融服務公司將受到影響。該行業的公司按承銷費和業績收費。這兩者都是既抽象又需要深入理解的方面。摘要的意思是，例如績效費，績效是有不確定性的，因為它是與市場掛鉤的，當周期完成時，承銷費必須作為收入來考慮，這是非常難以識別的。
綜上所述，可以說澳大利亞的一些主要行業受到了影響，並且能夠對公司的業績產生重大影響。
上述討論清楚地表明了不同行業的公司將面臨的問題。當然，如果IASB和FASB的會計準則保持一致，這將是有益的。然而，與這一收入確認有關的影響是重大的，需要盡早加以考慮。此外，需要註意的是，某些挑戰是共同的，而某些挑戰是特定於行業的。aasb118已根據關鍵會計問題進行了修訂。需要解決上面討論過的問題，否則異常將會導致不正確的信息傳遞。
論文代推薦 ：FASB和IASB采用的會計準則
The accounting standards adopted by FASB and IASB have undergone changes over the last one year. Australia adopted these changes by amending the accounting standards. This report discusses the change that was introduced for the revenue consideration generated from contract with customers. The impact of this change in the way accounts will be prepared and the profitability of the company will be huge. The overview provides an insight into the current standards and how it will be changed.
In case of Oil and Gas sector, one of the primary issues will be related to production imbalances. Due to production imbalances, there will be need to study the contractual obligations and accordingly the revenue will be recognized. Lastly but importantly, the financial services companies will be impacted. The companies in this sector the underwriting fee and the performance based fee. Both these are such aspects that are not only abstract but also need deep understanding. Abstract means, for example the performance based fee, there is uncertainty of performance, as it is linked to market, and the underwriting fee will have to be considered as revenue when the cycle is complete which is very difficult to recognize.
Based on the above discussion, it can be said that there is impact of some of the major sectors in Australia and can have a significant impact on the performance of the companies.
The above discussion clearly highlights the issue that will be faced by companies in different industries. Certainly, it will be beneficial if the accounting standards by IASB and FASB are aligned. However, the implications related to this revenue recognition has been significant and need to be considered at the earliest. Further, it is important to note that there are certain challenges that are common while certain challenges are specific to the industry. The AASB 118 has been amended as per the key accounting issues. The concerns that have been discussed above need to be addressed, failing which the anomalies will be there leading to incorrect information communicated.
