In the recent 2020 AICPA conference, revenue recognition was a hot topic, especially relating to principal-agent guidance and identification of performance obligations.
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Identify promised goods and services by analyzing customer perspective, immateriality, implicit promises, setup activities, and marketing incentives.
Learn about which ASC 606 disclosures are getting the most SEC comments.
Implementing ASC 606 requires a substantial amount of time and expertise, with specific challenges rising in each industry. Gain a deeper understanding of the key issues that life sciences entities face as they transition to ASC 606.
Implementing ASC 606 requires a substantial amount of time and expertise, with specific challenges rising in each industry. Gain a deeper understanding of the key issues that not-for-profit entities face as they transition to ASC 606.
Implementing ASC 606 requires a substantial amount of time and expertise, with specific challenges rising in each industry. Gain a deeper understanding of the key issues that real estate institutions face as they transition to ASC 606.
Summary of each of the five steps of ASC 606 and key issues entities need to consider when completing each step.
