Analysis and examples of how ASC 606 treats future discounts given to customers in a current sale, including diversity in thought and comparison to ASC 605.
Andrew Bellomy, Jeff Wilks and Jessica Ford
Analysis of guidance and criteria under ASC 606 for distinct goods or services, along with case studies and examples.
Identify promised goods and services by analyzing customer perspective, immateriality, implicit promises, setup activities, and marketing incentives.
Kramer Holle and Jessica Ford
Analysis and examples of the criteria for determining principal vs. agent (gross vs. net) presentation under ASC 606
Analysis and examples of when to treat multiple distinct goods or services as one performance obligation (a series) under ASC 606
Analysis and common examples of how ASC 606 treats stand-ready obligations as potential performance obligations, including diversity in thought.
Understand the key differences between variable consideration and customer options for additional goods or services under ASC 606.