The American Institute of CPAs’ Financial Reporting Executive Committee has issued new working drafts on how the new revenue recognition rules will affect certain industries, including airlines and gaming.

Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, will replace the current rev rec guidance for specific transactions and industries with a principle-based approach that has the potential to significantly affect a wide range of entities.

In response, the institute created 16 industry task forces to develop new guidance for applying the rev rec standards.

Their latest industry working drafts cover:

Informal feedback is requested by Feb. 1, 2017.