Jasper is a senior technical accounting consultant in Connor Group’s Salt Lake office. Prior to joining Connor Group, he worked at EY in its Professional Practice Group and as an auditor for both public and private clients from a variety of industries. Jasper graduated from Brigham Young University with a Master of Accountancy, where he also spent time as an author at IPO Hub’s affiliated site, Revenue Hub.
Determine the transaction price of a contract with noncash consideration under ASC 606, including when and how to measure the variable consideration caused by fluctuating fair value.
