ASC 606’s four criteria for determining bill-and-hold arrangements and when these arrangements contains one or more performance obligations.
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FASB Comment Letter on proposed amendments to ASU Topic 606 regarding narrow-scope improvements and practical expedients.
For transitional purposes, the determination of whether contracts are completed or incomplete under the full or modified retrospective methods.
Analysis of the collectability requirement of ASC 606, including accounting for contract’s with initial and subsequent collectability issues.
Analysis of ASC 606’s treatment of contract fulfillment costs, including scope considerations, the capitalization criteria, amortization, and impairment.
Description of the three criteria in ASC 606 for determining whether revenue is recognized over time. Illustrative examples of each criterion are included.
Analysis and an illustrative example of the two types of warranties under ASC 606 and the three factors used to distinguish between these types.
