# Commission Guidance Regarding Revenue Recognition for Bill-and-Hold Arrangements
> **US Securities and Exchange Commission** · Interpretation. · Published 2017-08-29 · Effective 2017-08-29 · 82 FR 41147
## Document
- **Document number:** 2017-17913
- **Category:** other
- **Agency:** US Securities and Exchange Commission
- **Federal Register citation:** 82 FR 41147
- **CFR reference:** 17 CFR 231
- **Publication date:** 2017-08-29
- **Effective date:** 2017-08-29
- **Docket:** Release Nos. 33-10402
## Abstract

The Commission is publishing this interpretive release in order to bring existing guidance into conformity with Financial Accounting Standards Board Accounting Standards Codification Topic 606, Revenue from Contracts with Customers. Upon adoption of Accounting Standards Codification Topic 606, registrants should no longer rely on the guidance in Securities Exchange Act Release No. 23507 and Accounting and Auditing Enforcement Release No. 108, In the Matter of Stewart Parness, which set forth the criteria to be met in order to recognize revenue when delivery has not occurred.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2017/08/29/2017-17913/commission-guidance-regarding-revenue-recognition-for-bill-and-hold-arrangements)
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