The agenda has been released for the upcoming inaugural meeting of the Joint Transition Resource Group for Revenue Recognition (TRG), which is being jointly held at the offices of the International Accounting Standards Board (IASB) and United States Financial Accounting Standards Board (FASB) on 18 July 2014. The TRG will discuss a number of issues related to the recently issued IFRS 15 ‘Revenue from Contracts with Customers’ and United States Accounting Standards Update No. 2014-09, ‘Revenue from Contracts with Customers’.