FASB REVENUE RECOGNITION: MEMBER FEEDBACK

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* 1. Please identify your name, company name, and company address.

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* 2. How many franchise locations are currently in your system?

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* 3. On average, how many franchise locations do you sell annually?

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* 4. Were you successful in achieving any relief after FASB issued its guidance for franchisors in November 2018?

If so, what percentage of the initial franchise fees were you able to immediately recognize?

If so, how many hours of work did your company spend to achieve success?

If not, did your firm provide a reason why?

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* 5. Please provide any additional details you would like us to consider.