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ASU 2014-09, Revenue from Contracts with Customers

Foundational FASB amendment establishing Topic 606's converged revenue recognition model and related presentation and disclosure changes.

Authority and currency

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Publisher
Financial Accounting Foundation
Standing
Primary authority
Version
Accounting Standards Update 2014-09
Relevant parts
Summary, amendments, examples, basis for conclusions, and transition
Currency
current · checked Aug 7, 2026

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Use this update for the model's origin, examples, transition, and basis for conclusions. Do not treat the 2014 amendment text as a frozen substitute for the current Topic 606 assembled after later clarifications.