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Stay informed about the updates applied to PeopleSoft applications to keep your organization compliant

Separating Billing and Revenue in Support of the New Revenue Accounting Standard

Marc Weintraub
Vice President, Product Strategy

The Financial Accounting Standards Board (FASB) and the
International Accounting Standards Board (IASB) issued new revenue accounting
standards in May 2014 with an effective date of 2017. PeopleSoft
FSCM Update Image 10
includes enhancements to the PeopleSoft Contracts and Project
Costing modules to support customers in their transition to the new accounting
standards.

A summary of the changes is included on the PeopleSoft
Apps Strategy blog
.

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